This Urgent 90 Day Notice to purchase Mortgage Life and Disability coverage with no physical exam is a deceptive ploy similar to a deed processing scam we received awhile back. It came to us in the United States Mail from the Mortgage Protection Center in Burlington, NC.
What is scary is that all of the information is public and available to junk mailers like this so called Mortgage Protection Center. They knew what bank we financed our new home from, our hard earned interest rate, how much we financed, and the date that the mortgage was finalized through our lender Pioneer Bank!
The protection they promise is paying your monthly mortgage payments upon death, disability, unemployment, and even promise repaying all the premiums you pay in if you never have used the policy after your 30 year mortgage is payed off.
If you get this 90 Day Urgent Notice, please ignore as it was not approved or authorized by your bank. It is just a bunch of junk mailers exploiting the fact that all of your home purchase information is public. They even try to scare you into purchasing Mortgage protection by declaring you will have to undergo a medical exam to qualify if you do not purchase policy within the 90 days!
Finally, according to some BBB files, this particular company has an unsatisfactory record with the BBB due to unanswered complaints. The company has resolved a few of the complaints presented by the BBB, however, the BBB did not receive a response to many other complaints. The complaints were primarily related to both advertising and selling problems.