Reverse Mortgage Life Insurance
Senior citizen mortgage insurance
Reverse mortgage life insurance offers a risk-free way to make your home work for you and provide financial protection for your loved ones. This form of mortgage insurance could be likened to a personal loan, with a number of added benefits. Unlike traditional mortgages, with reverse mortgage life insurance there are no repayments to be made until you die or move out of your home, providing you with a monthly check for the rest of your life.
Aimed at senior citizens, reverse mortgage life insurance offers money that can be used for any purpose, such as senior home insurance, a new car or adapting the home for old age.
“By taking out reverse mortgage life insurance against your reverse mortgage policy, you can ensure that the accumulated debt that your reverse mortgage has accrued can be paid off and your home can be passed on to your heirs, debt-free.”
Reverse mortgage life insurance is a relatively new concept that has taken off in the last 5 years. QuoteRack.com can put you in touch with dedicated and professional finance and insurance specialists who understand the needs of a first-time policyholder. By filling in our online form, you begin a process that could see you enjoying a tax-free check every month for the rest of your life.
You may also be interested to see other QuoteRack categories such as reverse mortgages and high value property insurance.
“QuoteRack.com put me in touch with finance and insurance specialists who helped me with reverse mortgage life insurance and to secure my retirement and the inheritance I want to pass onto my children.”
“Finding the right finance and insurance specialists was easy using QuoteRack.com’s online service. They explained everything in plain English and helped narrow down the choice of policy until I found something I was happy with.”