John: January 2008 Archives
We're just introducing a new program which auto dealers and auto lenders are most interested in trying: Pre-Paid Job Loss Insurance. In order to generate new business, both dealers and lenders are beginning to look at providing a 1 year term Unemployment & Disability Insurance Policy to their customers.
Here's how it works: Every qualified customer who buys from the dealer...or finances with the Lender...is given a 1-Year term insurance policy which will pay the buyer's monthly car payment up to $500 if the customer is Unemployed or Disabled.
Given the uncertain economic times, with unemployment trends growing, dealers and lenders see this as providing their customers with "peace of mind" security as they make their purchase. Most dealers we've talked to see this new plan as a way to boost customer traffic, build customer loyalty, and boost sales. Auto lenders are also most enthusiastic about the plan because having a fully insured finance customer helps them mitigate any losses they might experience in an economic downturn, with increased layoffs.
Mortgage companies are beginning to look into the plan as well, with several large regional mortgage brokerage firms exploring the idea.
To review the plan, go to www.joblossinsure.com.
John Hartline
800-562-8019
Here's how it works: Every qualified customer who buys from the dealer...or finances with the Lender...is given a 1-Year term insurance policy which will pay the buyer's monthly car payment up to $500 if the customer is Unemployed or Disabled.
Given the uncertain economic times, with unemployment trends growing, dealers and lenders see this as providing their customers with "peace of mind" security as they make their purchase. Most dealers we've talked to see this new plan as a way to boost customer traffic, build customer loyalty, and boost sales. Auto lenders are also most enthusiastic about the plan because having a fully insured finance customer helps them mitigate any losses they might experience in an economic downturn, with increased layoffs.
Mortgage companies are beginning to look into the plan as well, with several large regional mortgage brokerage firms exploring the idea.
To review the plan, go to www.joblossinsure.com.
John Hartline
800-562-8019
Over two-thirds of loan delinquencies and home foreclosures are caused by Loss of Income due to disability and job loss. Most people with mortgages are approached to "protect their family & home" by buying term life insurance.
There is nothing wrong with owning a life insurance policy. Everyone should have some individual life insurance, term or permanent, in force.
But death is not the primary cause of loan delinquencies: Loss of Income is the primary culprit. Only 3% of loan delinquencies and home foreclosures are caused by death of the primary borrower.
Disability Insurance is underwritten differently than life insurance. Chances are greater that you'll be disabled than if you'll die. Chances are even greater that you'll become involuntarily unemployed.
The Mortgage Safety Plan was designed to provide cash payment benefits if and when you are disabled or unemployed. The unemployment & disability benefits provided by the plan are Guaranteed Acceptance. There are No Health Questions, No Medical Exams. Price is the same for all ages, Male or Female and prices are based on the monthly benefit you choose.
If you are concerned that a disability or unexpected job loss could affect your income stream so that you could not meet your monthly bill payment obligations, visit this website: www.mortgagesafetyplan.com
John Hartline
800-562-8019
There is nothing wrong with owning a life insurance policy. Everyone should have some individual life insurance, term or permanent, in force.
But death is not the primary cause of loan delinquencies: Loss of Income is the primary culprit. Only 3% of loan delinquencies and home foreclosures are caused by death of the primary borrower.
Disability Insurance is underwritten differently than life insurance. Chances are greater that you'll be disabled than if you'll die. Chances are even greater that you'll become involuntarily unemployed.
The Mortgage Safety Plan was designed to provide cash payment benefits if and when you are disabled or unemployed. The unemployment & disability benefits provided by the plan are Guaranteed Acceptance. There are No Health Questions, No Medical Exams. Price is the same for all ages, Male or Female and prices are based on the monthly benefit you choose.
If you are concerned that a disability or unexpected job loss could affect your income stream so that you could not meet your monthly bill payment obligations, visit this website: www.mortgagesafetyplan.com
John Hartline
800-562-8019
There's more and more talk now about the economy. Words like 'recession' and 'job losses' are popping up more and more in the news. Of course, these discussions usually do come up near the end of the calendar year, but recent oil price increases, massive layoffs in the financial services industry and in the housing industry do have economists alarmed.
How would you make your mortgage payment if your salary suddenly stopped because you couldn't work? What if your job was suddenly in jeopardy?
A solid mortgage protection plan that includes mortgage unemployment insurance is inexpensive. Recently introduced in the US, and now available in 25 states, Mortgage Unemployment Insurance pays you cash benefits for up to 6 months if you become unemployed. Up to $2000 per month would go a long way towards helping you meet your monthly expenses should you lose your job.
Enrollment is done entirely via a secure internet portal; price is based on the monthly benefit amount you choose and is the same for all ages, male or female.
It is an election year, and for the first time in many years neither the sitting President nor Vice-President is seeking re-election. Many say this could lead to less federal intervention into the economy, leading to further weakness.
67% of all loan delinquencies and home foreclosures are caused by loss of income due to unemployment or disability. The average length of unemployment is 16 weeks. Could you make your monthly mortgage payment for nearly 4 months if you lost your job? Mortgage Protection including mortgage unemployment insurance might be worth considering.
John Hartline
800-562-8019
How would you make your mortgage payment if your salary suddenly stopped because you couldn't work? What if your job was suddenly in jeopardy?
A solid mortgage protection plan that includes mortgage unemployment insurance is inexpensive. Recently introduced in the US, and now available in 25 states, Mortgage Unemployment Insurance pays you cash benefits for up to 6 months if you become unemployed. Up to $2000 per month would go a long way towards helping you meet your monthly expenses should you lose your job.
Enrollment is done entirely via a secure internet portal; price is based on the monthly benefit amount you choose and is the same for all ages, male or female.
It is an election year, and for the first time in many years neither the sitting President nor Vice-President is seeking re-election. Many say this could lead to less federal intervention into the economy, leading to further weakness.
67% of all loan delinquencies and home foreclosures are caused by loss of income due to unemployment or disability. The average length of unemployment is 16 weeks. Could you make your monthly mortgage payment for nearly 4 months if you lost your job? Mortgage Protection including mortgage unemployment insurance might be worth considering.
John Hartline
800-562-8019
