Providing real protection to alleviate fear is an inexpensive way to differentiate your company from your competition. Coverage is very inexpensive.
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Benefit details
Job Loss Plan: Term Period, Vesting Period, Elimination Period, Benefit Period
Job Loss Protection Plan covers your home buyer for 15 months from the date of loan closing. The 1st 90 days after closing are the “Vesting Period” where there is no coverage for involuntary unemployment. If the buyer becomes unemployed after the Vesting Period, the 1st 30 days of unemployment are the ‘Elimination Period’. Daily benefits begin on the 31st day of unemployment. Monthly benefit checks would be made out to buyer and lender for up to $1500 per month for up to 6 months if buyer is continuously unemployed. PDF Details
This Plan is So Unique:
While payment protection programs have existed for some time, this offering’s major distinction is how it’s being used as a unique closing benefit to encourage wary home purchasers. Builders are embracing this very inexpensive benefit to differentiate themselves from competition.

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