Mortgage Protection Insurance, explained.
If something happens to you, the house stays with your family.
Mortgage Protection
Mortgage protection is life insurance sized to your home loan. If you pass away during the term, the benefit is paid to your family (not the bank) so they can pay off or keep paying the mortgage and stay in the home. Some policies offer living benefits for qualifying critical, chronic or terminal illness. Eligibility and benefit limits depend on the policy.
Inside a Mortgage Protection policy.
Is this for you?
Plain language answers.
No. Lender PMI protects the bank. Mortgage protection pays your family and is owned by you.
Most mortgage protection policies are simplified issue, a few health questions and no exam, with approval in days.
Sometimes yes, and we will tell you. Term life is often cheaper for healthy applicants; mortgage protection wins on speed, simplicity and living benefits. We quote both.
Coverages that pair well with this one.
Ready for a Mortgage Protection quote?
A short form or a quick call. We’ll shop it across 100+ carriers and come back with options.