Southern Counties Agency
Intelligent Insurance Protection
Licensed By the California Department of Insurance #0b44777

Regarding Your Commercial or Residential  Mortgage...

When a person takes out a mortgage on real estate, either commercial or residential, it does not automatically pay off at the time of death of the person responsible for paying off the mortgage.

"Mortgage Balance Due" Insurance, Structured to Your Needs   Because the balance due on a mortgage usually goes down over time, It should be considered to seek out a quote on a specifically designed term insurance policy that provides only the necessary coverage for the balance due on a mortgage payoff at any time during the term of that mortgage. This way the mortgage holder can assure their beneficiaries that they will have a paid off mortgage in the event of the mortgage holder's death while there is still a balance due on the mortgage, while the mortgage holder who is also the insurance policy owner is assured of the least cost for the payoff protection.

Another advantage of insurance on the balance due on a mortgage is that the death benefit (the amount paid out by the insurance company at the time of death) is not currently subject to any taxes. The "Mortgage Balance Due" Insurance death benefit is not given and reduction, it is all applied to the mortgage of the mortgage.

These are not "out of the box" insurance policies   Because of the make-up and background of our Company, we have a more basic understanding of the workings of Real Estate and mortgages. We work with a number of major insurance carriers and will generate a tailored quotation for only the amount of insurance coverage that you need at the least possible cost. We also have aligned ourselves with the right providers to provide policies for those who have found life insurance difficult to obtain.

This insurance is not to be confused with private mortgage insurance, fire, commercial liability or Homeowner's insurance. Those policies insure against different risks.

We will work with you to analyze your mortgage and advise you on your best options at the least cost. 

Please contact for more details:

Tom Blacksmith
Managing Agent, Pacific 1st Assoc./Southern Counties Agency
949-521-4989, Tom@Pacific1A.com