Mortgage Protection is DEAD

[Guest]

?

Mortgage life - is it still a viable product in terms of
making the bread and butter sales or is it gone...

I'm not asking if you would sell it - I'm asking if the
specific ROP, unemployment, disability term life
product is a no-sale these days do to the economy
or any other reason.

I know people / brokers don't like the product, but at
least for a while - it was a real door opener to any
type of product sales.

Thanks

 

[Daytona_Guy]

Re: ??? Mortgage Protection is DEAD ???

Yes, it's all dead in the mortgage industry. Stick a fork in it.
No doubt, hesitation, capitulation, or question about it. - DEAD. You need to look at something like finalexpenseagents dot biz (not com)

?

Mortgage life - is it still a viable product in terms of
making the bread and butter sales or is it gone...

I'm not asking if you would sell it - I'm asking if the
specific ROP, unemployment, disability term life
product is a no-sale these days do to the economy
or any other reason.

I know people / brokers don't like the product, but at
least for a while - it was a real door opener to any
type of product sales.

Thanks

 

[Franz Kafka]

Re: ??? Mortgage Protection is DEAD ???

?

Mortgage life - is it still a viable product in terms of
making the bread and butter sales or is it gone...

I'm not asking if you would sell it - I'm asking if the
specific ROP, unemployment, disability term life
product is a no-sale these days do to the economy
or any other reason.

I know people / brokers don't like the product, but at
least for a while - it was a real door opener to any
type of product sales.

Thanks

Huh? People don't die anymore because economy's bad??

 

[Guest]

Re: ??? Mortgage Protection is DEAD ???

well they are hard pressed to pay for all the riders
as appose to just a flat term policy, the leads is what
I was interested, but I believe the MP market is fairly saturated.

 

[Newby]

Re: ??? Mortgage Protection is DEAD ???

Yes, it's all dead in the mortgage industry. Stick a fork in it.
No doubt, hesitation, capitulation, or question about it. - DEAD. You need to look at something like finalexpenseagents dot biz (not com)

Better look at both www.finalexpenseagents.com
AND www.finalexpenseagents.biz

One of them had Americo contracts at 115% and the other at 105%

Looks like some friendly competition going on.

 

[somarco]

Re: ??? Mortgage Protection is DEAD ???

People don't die anymore

They don't die any more, or any less than they did before.

But now they are dead AND upside down.

 

[GreenSky]

Re: ??? Mortgage Protection is DEAD ???

They don't die any more, or any less than they did before.

But now they are dead AND upside down.

They're being buried head first?

Rick

 

[Daytona_Guy]

Upside down is right.. Here in Florida, they're eliminating home equity lines of credit, sometimes while people are mid-project in remodeling, etc. because the values of the homes are crashing fast. They can no longer support even the first mortgage, much less the line of credit.

..and I think we've only just begun to see the meltdown..

 

[pfsthib]

Every week I see men and women write over $20K AP a WEEK. I don't think mortgage protection is dead.

 

[mickeyma]

Every week I see men and women write over $20K AP a WEEK. I don't think mortgage protection is dead.

I'd like to see that. Especially in today's market. I have 30 yrs in Mtg Prot.