NLIC.org

Heather Said:

we just purchased a 200K piece of property. My husband is 67 yrs. old & we need either mortgage insurance or t

We Answered:

Most agents should know how to structure a plan that looks like term insurance for your needs (ie. lowest possible level guaranteed premium, no accessible cash value, coverage terminates at a specified period of time). Unfortunately, there is a large knowledge gap in our industry because it is so complex. What state are you in? Email me and I'd be happy to help.

Leah Said:

How will health care insurance public option resemble Fannie Mae mortgage public option?

We Answered:

Great points. It would differ only in that healthcare then gives a govt mandate and leverage to take more of our libertys and control more of the private sector in the name of "savings in healthcare costs."

Also the bank only got to take your home. Govt helathcare takes peoples lives! (as evidenced from all the other industrialized nations where the govt does most of the healthcare spending) People literally die in ER's and kids go without things like wheelchairs because of govt rationing!

Brett Said:

Mortgage Insurance, First Home Owners Grant?

We Answered:

'what conditions is it mandatory?' is not 'proper' English (but, perhaps, what we might expect from todays teaching staff ..), so I'm not surprised you are confused ...

At a guess, what teacher is attempting to ask is :-
"What are the typical mandatory conditions attached to such Insurance ?"

I'm going to assume the type of Insurance mentioned is 'Mortgage Protection' .. and I would guess the only "mandatory conditions" would be that it will only pay out to the lender (not the borrower) and only after repossession and all possible legal attempts to extract payment from the borrower had failed .. also I expect there is some clause about obtaining maximum possible price for the repossessed house .. and (I wouldn't be surprised) if any payout can then be recovered' from the borrower (by the Insurance co.) later ..

Beth Said:

Which is better for a mom with two young kids in terms of income and hours worked- Insurance or Mortgage sales

We Answered:

You've been brainwashed by recruiters. You will have to hustle and work long hours to bring in that kind of money in either field.

Toni Said:

is Erie a good term life insurance carrier?

We Answered:

Erie is one of the main carriers in my Agency and I find their service to be top notch -- they have won JD Powers Awards multiple times -- and their prices are very competitive. You will receive a discount on both your automobile and homeowners insurance if you purchase the life insurance through Erie which can result in a significant savings of money if you keep them for a few years.

You might be able to find something less expensive but when you weigh all the factors -- I believe Erie will be your best bet. Do note that your Erie Agent should be able to give you a quote for Erie and a quote for one or more other companies so that you can compare the costs and factor in the discounts and thereby make an informed decision as to what is best for you and your family.

Good Luck