Frequently Asked Questions

Can an existing life insurance policy be used to provide for the repayment of an outstanding mortgage loan?

Yes: the purchase of a new mortgage protection term insurance policy is usually not required by the lender. An existing policy, either term or cash-value life insurance, can be used for many purposes, including paying off an outstanding mortgage loan balance in the event of the insured’s death.
Credit life insurance is frequently recommended in conjunction with the taking out of an installment loan when purchasing expensive appliances or a new car, or for debt consolation. Is credit life insurance a good buy?

Credit life insurance is frequently more expensive than traditional term life insurance. Further, if you already own a sufficient amount of life insurance to cover your financial needs, including debt repayment, the purchase of credit life insurance is normally not advisable due to its relatively high cost.


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Contact Information

Churchville location »
2907 Churchville Road, P. O. Box 70
Churchville, MD 21028

Elkton location »
211 West Main Street
Elkton, MD 21922



As farm specialists in the Harford and Cecil County area, Lassen, Marine & Webster can assess your unique needs and risks to recommend the best insurance for you whether you’re running a large-scale operation or small family farm.


Farm auto insurance covers all of the vehicles used on your farm property and protects you financially from auto injuries, damages and losses associated with your vehicles, employees or other persons.

Whether you have just one farm truck or a fleet of vehicles, farm auto is designed to help financially cover potential auto-related damages, loss or injury on or off your farm property. Not only does it protect you, but it protects your passengers, fellow drivers, pedestrians, other’s property and your vehicles. Coverages include, but are not limited to:

  • Bodily injury
  • Medical payments
  • Property damage
  • Comprehensive
  • Collision
  • Uninsured/underinsured motorists