[ ]edit Posted on 01.07.09 under xn--eqry05c.com
Please provide the names of insurance companies (3 or greater)that
provide coverage that will pay your mortgage in the event of job
loss/unemployment specifically in the USA, no other country I do not
want names of companies that provide insurance against death or
disability, only unemployment.After researching this question, I can see why you specified insurance
companies in the USA only! There certainly seems to be an abundance of
companies offering unemployment benefits for residents of the UK.
Of the companies I have found, all have locations in the US.
Each company has their own eligibility requirements, which are
summarized on their sites. The coverage they offer varies as well.
Members Insurance Inc.
http://www.membersinsuranceinc.com/
Offers IUI (involuntary unemployment insurance)to cover the "critical
period" paying up to 4 payments per contract year if eligible.
They are located in Renton Washington, and their toll free number is
1-800-562-2250
A summary of their IUI, along with a form to fill out to request more
information or to be contacted by them, can be found at:
http://www.membersinsuranceinc.com/iui.htm
Mortgage Payment Protection Inc.
http://www.mortgage-payment.com/index.shtml
This company doesn't market directly to consumers, instead it sells
policies through banks, credit unions, builders and real estate
agents.
Jobprotection.com
http://www.jobprotection.com
A company located in Clarksville, Maryland, Jobprotection.com offers
something called AHPP-The
Plan(http://www.jobprotection.com/theplan.htm), which includes such
benefits such as; property maintenance, home and property protection,
emergency assistance, credit union benefits, and a "Involuntary
Unemployment Home Payment Plan", where they will make your house
payments (up to 1500 per month) for up to 6 months.
More information about their program can be found on their website.
RMW
http://www.rmwins.com/index.stm
Headquartered in Florida, with locations in California and Tennessee,
RMW is an insurance whole seller who offers Involuntary Unemployment
Insurance as well. More information about what they offer can be found
at:
http://www.rmwins.com/prog_unemploy.stm
Direct Merchants Credit Card Bank, N.A, located in Scottsdale Arizona,
a subsidiary of Metris Companies
(http://metriscompanies.com) offers something called Account
Protection Plus.
(http://www.accountprotectionplus.com/)
Which includes up to 12 months of involuntary unemployment protection,
as well as disability protection and unpaid leave of absence
protection.
And according to an article on:
http://www.gemortgageinsurance.com
GE Casualty will be offering Job Loss Mortgage Payment Protection. GE
Casualty is planning to market the product through direct mail
solicitations from insurance agencies affiliated with participating
mortgage companies.
Depending on one's situation, it might also be worth looking to your
financial institution, credit union, or mortgage lender as well.
chellphill-ga