NLIC.org

Julia Said:

I had a claim for a mortgage protection plan turned down by Countrywide Assured...?

We Answered:

Not 100% sure but isnt there a 7 year period in which you have to make financial claims???? Banks can chase say unpaid overdraft for 7 years likewise businesses can send invoice out up to 7 years. 7 rings a bell anyway. If you are in UK and I think if you use CA then you will be try this # 0845 345 4345. It is fully registed legal practise but offer help FREE. You may have mitigating circumstances and because it's free you need to meet certain criteria. Sounds like if you don't try they win but you may just win. They are way over price on their products anyhow, I know when I had first mortgage! I learnt for second and saved thousands. Were you mis-sold the product? Did you not declare something at the time a health issue perhaps ? as this would make your claim void. Good Luck for the future.

Wayne Said:

Which company offers the best Mortgage Protection Plan in the US?

We Answered:

mortgage protection plans are a scam...

this is something that you will have to pay for and most likely never use and absolutely never benefit from because you'll be dead.

spend your money wisely...

Lillian Said:

complaints about hartford mortgage protection plan?

We Answered:

MOST people who buy mortage protection coverage, find out that it's not what they thought it was.

I think that type of coverage is a ripoff. It's not HARTFORD, it's the product. That's beause most people don't know what they're actually buying. Or, that it covers someone else, not them.

Emily Said:

Mortgage protection?

We Answered:

she will have a hard time finding coverage but it is always worth a try!!!!

Debra Said:

I am a new home owner and I keep getting "Mortgage Protection Plan" offers in the mail. Should I consider?

We Answered:

It's not a scam. But it is very expense and there are limits to the coverage.

First you need to ask why you would ever use this.

Death? Get life insurance, term policy (MUCH CHEAPER)

Job Loss because of heath? Get disability insurance, much cheaper and covers ALL your bills, not just the mortgage,

Job Loss? I would recommend saving 6 months of living expenses. You should be saving AT LEAST 10% of your gross income every month. Pay yourself first.

Bottomline, I would never buy this.

Marsha Said:

Mortgage broker called and wants us to sign Mortgage protection plan papers AFTER the deal was done?

We Answered:

You need to contact your closing attorney regarding this situation.