The “Payment Protector” coverage works like traditional life insurance, but without the expensive premiums or arduous examination. With Americo’s “Payment Protector” a family can set aside some premium every month in addition to their mortgage payment and if there is a death to the insured, the premium stops and the proceeds payout for the lifetime of the mortgage. This unique variation of insurance allows for a higher death benefit than lump sum payments at an affordable monthly cost. Best of all, the coverage is portable, so if you move or refinance, it stays with you. It is also available in many States up to age 70 for those who qualify!
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Americo Financial Life and Annuity Insurance Company is authorized to conduct business in the District of Columbia and all states except NY and VT. Americo Medicare Supplement (Policy Series 500) is underwritten by Americo Financial Life and Annuity Insurance Company(Americo), Kansas City, MO, and may vary in accordance