If you’ve recently moved into a home or refinanced recently, your mailbox will be filled with mortgage protection letters offering mortgage insurance protection coverage.
These offers are in urgent letters and postcards, so please complete and mail them for more information on mortgage protection.
Often, you’ll need to fill in your age, date of birth, if you’re a smoker, the best time to call, and your phone number.
A Mortgage Protection Letter is a request for information by an Insurance Marketing Agency (IMO or MLM) or Individual Life Insurance Agent. is a marketing tactic designed to obtain your information so that your information can be sold to individual life insurance agents. these agents will then contact you in their effort to sell you a mortgage-protected life insurance policy.
So what happens after you send one of these letters?
It depends on the company you send it to, but the typical scenario is that the information on your mortgage protection letter will be sold or distributed to one or more insurance agents in your area.
Check out our Symmetry Financial Group review to see how your personal information and privacy is treated. Our article on Symmetry Financial Group will help you understand what happens to your personal information after you submit your mortgage protection letter.
After you mail your mortgage protection letter, you’ll soon be receiving phone calls from life insurance agents to obtain financial and health information to determine which mortgage protection product they will offer you. most agents will want to visit you at home as part of the sale process to protect your home.
If you send multiple mortgage protection letters, you will receive multiple calls from agents. if you send 10 letters, you will have between 10 and 50 agents calling to talk to you about mortgage protection in the next two years.
what we do differently
Your information will remain private, it will not be sold and we will not need to visit you at home!
traveling from house to house to help people with traditional mortgage protection sales is inefficient. a traveling insurance salesman can only help a limited number of people per day. they can only accommodate so many appointments in one day. they can only drive a certain amount of time every day in their cars. this limits how many people can help with mortgage protection.
Our customers appreciate the information we provide on our website. being better informed about mortgage protection leads to better questions from our customers. This allows us to better understand our clients’ family, budget and mortgage protection needs.
low overhead
Because we operate an online business and don’t need to travel from home to home, we keep our business costs and overhead low. this benefits you, because we don’t feel pressured to sell you an expensive plan you don’t need. we can help 30 to 50 people per day, while a person with travel insurance can only help 6 to 8 people per day.
This allows us to focus on offering you the best product, the best price, in the shortest possible time. Since our overhead is low, if we can save you money, we will. our customers come first and we want to provide the best protection at the best price, which is why you will recommend us as your #1 provider of mortgage protection.
Most mortgage protection agents typically buy your personal information. this increases the cost of doing business, which means they often sell more expensive insurance policies to cover this additional cost.
When you mail the mortgage protection letter you received in the mail back to the sender, your personal information will be sold to insurance agents… over and over again. You can expect to receive phone calls for up to 2 years after you submit a mortgage protection letter.
Will my information be sold?
yes, up to 6 times with different mlm mortgage protection companies, like symmetry financial group. These are the different types of cables that are offered through Symmetry. the cost of potential clients of the symmetry financial group is as follows:
- hint: the agent price is from $27.00 to $43.00 depending on the level of your contract (commission).
- See these promotion guidelines for actual cost.
- Prospect Age: Exclusive to a Symmetry Agent for 5 weeks only.
- this is a lead that was distributed 1 time, but the lead has not been sold yet.
- lead age: 5 weeks old to 8 months.
- distributed 2 times. (as a lead and then as a 5a lead), but the customer has not been sold yet.
- lead age: starts at 10 weeks of age and can last up to 10 months.
- distributed 3 times. (as a lead, then as a 5th and 4th lead), but the customer has not yet been sold.
- lead age: starts at 15 weeks of age and can last up to 12 months.
- distributed 4 times. (such as a lead, 5th, 4th, and 3rd), but the lead has not been sold yet.
- lead age: starts at 20 weeks and can extend to 18+ months.
- distributed 5 times. (such as lead a, 5a, 4a, 3a and 2a)
- lead age: these leads are $1.50 and are between 5 and 35 months old.
- these are exclusive to the agent as leader 1a for 3 months.
- distributed 6 times. (as leader, 5th, 4th, 3rd, 2nd and 1st)
- age of leader: starts at 8 months and can go up to 50 months.
- these are exclusive to the agent like a 50c bonus for 3 months.
your time is valuable
people with home mortgages have jobs; otherwise, they couldn’t afford their mortgage payment! most people work during the day and are home at night.
Others work a second or third shift and are home during the day. trying to manage your work and personal schedule gets more complicated as time goes on.
Looking for a mortgage protection policy (mpp) should be easy. it should fit into your schedule and you should be able to get all the information you need in one place online.
that’s what buymortgageprotection.com does for you. You can research all the articles we’ve written, find out if mortgage protection is right for you, get a no-obligation quote, or call and talk to us if you have specific needs or individual questions. we make it that easy!
easy pajamas
Buying mortgage protection should be easy; we call it easy pajamas. You should be able to shop for mortgage protection and other insurance products to protect your home from the comfort of your living room, while sitting in your recliner in your pajamas.
You can even stop talking to us and continue researching rates with our free quoter to get an idea of what your mortgage protection may cost.
comfort
At buymortgageprotection.com, there’s no need for someone to come to your home and explain the different insurance policies, like when you send a mortgage protection letter to the sender. we are not pressured to sell you anything. we make pajamas easy.
If you want someone to come visit you at home to discuss mortgage protection in person, mail those mortgage protection letters to the companies that sent them to you.
experience
The insurance industry has a notoriously high employee turnover rate. We believe it’s important for any insurance product, especially mortgage protection, to have a knowledgeable agent with a lot of experience helping people protect their homes.
An inexperienced agent can recommend the wrong product and get you denied coverage. this will make it more difficult for you to obtain coverage in the future. you must get approved the first time you apply! Getting help from an experienced agent is critical to getting approved for this coverage.
Most multilevel insurance (mlm) agents are new to the industry and inexperienced. they often sell more expensive policies than experienced, independent agents.
transparency
We’ll give you all the options to make sure you’re comfortable with your purchase. We will explain all the advantages and disadvantages of any mortgage protection plan that we offer. this may not occur with mortgage protection letter offers.
Our mission statement states that we will put your needs before our own. that means we won’t recommend an insurance product to you, simply because it means we receive a higher commission for selling you a specific product.
This is what sets us apart from most other mortgage protection insurance sellers on the market!
- Our #1 goal is to protect people’s homes so that when they die, their home remains with their spouse, partner and loved ones.
- Our #1 goal 2 is to find you the best mortgage protection plan at the best price.
no sales tricks
We use technology, such as screen sharing and video chat, to guide you through the process. we don’t have any fancy or deceptive scripts to trick you into buying anything.
We don’t do this and we won’t pressure or trick you into getting a policy you don’t need. you are in control of the process. You can decide to seek mortgage protection at any time.
get the best performance for your money!
We’ll never show you just one option to protect your mortgage. mortgage protection is not a one-size-fits-all product.
every family has a different one:
- mortgage payments
- income
- financial responsibilities
- monthly expenses
- family size
- employer-provided life insurance amounts
- private life insurance amounts
- health problems
- geographical locations
all factors influence your decision to purchase mortgage protection.
We’ll help you find the best priced mortgage product available!
No one likes to overpay for insurance protection, and no one likes to be sold a more expensive product than they need. We will look for options to get you mortgage protection at the best market price… and we will prove it. we’ll show you the many insurance companies competing for your insurance dollars.
The money goes to your beneficiaries, not the bank.
Our mortgage protection policies make sure that when you die, the money goes to your spouse, partner or loved ones, not your bank or lender. don’t confuse mortgage protection with pmi, which is paid directly to your bank.
free estimates
You may just want to get an idea of what mortgage protection would cost, without having to have an insurance agent visit your home. you cannot get this if you mail in a mortgage protection letter. our free mortgage protection quote gives you a general idea of what your price would be. We make pajamas easy!
cancel at any time
We make it easy to cancel your mortgage protection anytime you want. you are never locked into a permanent contract with an insurance company. you are in complete control and can cancel your mortgage protection when you no longer need it.
privacy
We will never sell your information to anyone! your personal information and privacy is our #1 priority. if you request any information or talk to us, your information will always be safe with our team at buymortgageprotection.com.
But I already have a mortgage protection policy!
all mortgage protection policies can be cancelled. you’re not bound by a contract, you don’t have to maintain your policy, and you can shop around for better prices or features.
if you have the best plan available, we’ll tell you you have a great plan and don’t change a thing!
The good news is, if you’ve already purchased an mpp, you qualified for one in the first place! Because of this, you should be able to qualify for a more affordable policy (if your health hasn’t changed since your policy was approved).
summary
We make mortgage protection easy, convenient and affordable, so you can live a vibrant life, knowing your home and family are protected when you die.
We work with people who value their time, care enough to protect their home and loved ones, and understand that there is no guarantee that none of us will be alive tomorrow.
We’ll partner with you to make sure you get exactly what your family needs to protect your home. We don’t need to visit you at home and we’ll never pressure you into making a purchase you don’t want to make.