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Mortgage Protection Insurance

Keep your family in the home, whatever happens.

If you were gone tomorrow, could your family still pay the mortgage? We size a policy to your loan so they keep the home.

Paid to your family Level premium No-exam options
Estimate your monthly costIllustrative
Mortgage balance
$
Years left
Your age
Tobacco use
$22/mo
for $300,000 of coverage over 25 years
Coverage amount$300,000
Term length25 years
Benefit typeLevel

Illustrative sample only. Actual premiums and approval depend on the carrier, your age, health, coverage and state.

Backed by A-rated carriers
Issued by A-rated insurance carriers
Cornerstone LifeGranite MutualOakline NationalSentinel LifeFairhaven

Mortgage protection insurance is a life insurance policy sized to cover your home loan. If you die during the term, it pays a tax-free benefit your family can use to pay off the mortgage and stay in the house. Unlike coverage sold through a lender, the money goes to your beneficiary, who decides how to use it.

Why homeowners buy it

A paid-off home, not a forced sale

Your mortgage does not pause when your paycheck stops. This coverage makes sure the house is not the thing your family loses.

The mortgage gets paid

The benefit is sized to your loan, so your family can clear the balance and keep the roof over their heads.

Your family, not the bank

The payout goes to the beneficiary you name. They choose how to use it, whether that is the mortgage, bills or both.

A locked-in premium

Choose a level term policy and your payment stays the same for the whole term. No surprises as you age.

Living benefits

Many policies let you access part of the benefit early if you face a qualifying terminal, chronic or critical illness.

Fast, simple approval

Many homeowners qualify for no-exam coverage and can be approved quickly, with just a few health questions.

It stays with you

Because it is your own life policy, the coverage is not tied to the loan. Refinance or move and it comes with you.

Know your options

Three ways to protect the mortgage

Each fits a different budget and goal. A specialist helps you match one to your loan and your family.

Level TermFull coverage, fixed cost

The benefit stays level for the whole term and the premium never changes. The straightforward way to cover a mortgage.

  • Fixed premium
  • Full benefit throughout
  • Terms to match your loan
Return of PremiumMoney back if unused

Outlive the term and eligible policies can refund the premiums you paid, so the coverage costs you nothing in the end.

  • Refund if you outlive it
  • Level protection meanwhile
  • Higher premium tradeoff
Living BenefitsProtection while you live

Add riders that let you access part of the benefit early for a qualifying critical, chronic or terminal illness.

  • Access benefit early
  • Help with income gaps
  • Protection stays in force
How it works

Your coverage in three steps

No obligation, and no jargon. Just a clear plan to protect the home.

01

Share your mortgage

Tell us your balance, the years left and a little about your health so we can size the coverage right.

02

Compare options

A specialist compares level, return-of-premium and living-benefit policies from A-rated carriers side by side.

03

Lock in protection

Choose the policy that fits your budget, and put a plan in place that keeps your family in the home.

Peace of mind

Homeowners who protected their family

Sample testimonials shown for template design purposes.

★★★★★

"We just bought our first house. Knowing my wife could keep it if anything happened to me let me finally stop worrying."

J
Jordan M.New homeowner
★★★★★

"They explained that the money goes to my family, not the lender. No exam, and my premium is locked for the whole term."

R
Renee K.Age 42
★★★★★

"We chose return of premium. If we never use it, we get our money back. That made the decision easy for us."

C
Carlos D.Father of three
Questions

Mortgage protection, explained honestly

What is mortgage protection insurance?

It is a life insurance policy sized to cover your mortgage. If you pass away during the term, it pays a tax-free benefit your family can use to pay off the home loan and stay in the house. A level term policy keeps both the benefit and the premium the same for the whole term.

Does the payout go to the bank or my family?

With a policy like this, the benefit goes to the beneficiary you name, usually your spouse or family, not the lender. They decide how to use it. That is a key difference from some lender-sold coverage that pays the mortgage company directly and shrinks as your loan balance falls.

Do I need a medical exam?

Often no. Many homeowners qualify for no-exam coverage and answer only a few health questions. Depending on your age, coverage amount and health, some options can be approved quickly without a paramedical visit.

What happens if I refinance or move?

Because this is your own life insurance policy, it is not attached to the loan. If you refinance, sell or move, the coverage stays in force and comes with you. You would only need new coverage if you want to increase the amount for a larger mortgage.

How much does it cost?

It depends on your coverage amount, age, the term length and your health. Many homeowners are surprised how affordable level term protection can be. A specialist can run real, current numbers from A-rated carriers so you see an exact quote.

Make sure the house is the one thing they keep.

Get a personalized, no-obligation mortgage protection quote from a licensed specialist. It starts with a simple conversation.