Home / Mortgage Protection

Mortgage Protection Life Insurance

Make sure your family can keep the home if something happens to you, with coverage paid to your family, not the lender.

Mortgage protection that keeps your family in the home

If you pass away, your mortgage payments don’t stop. Mortgage protection puts a tax-free death benefit in your family’s hands so the home stays theirs.

How it works

  • A life insurance policy sized to your loan balance and term
  • The benefit is paid to your beneficiary, who decides whether to pay off the mortgage or keep making payments
  • Coverage can run for the length of your mortgage with level premiums
  • Optional riders for illness or disability may be available

Why not the bank’s version?

  • Lender-offered mortgage insurance typically pays the lender, not your family
  • Standard life insurance keeps your family in control of the money
  • Coverage generally stays the same while your balance goes down
  • Often more affordable and portable if you refinance or move

Who it protects

  • New homeowners and first-time buyers
  • Families relying on one income
  • Anyone refinancing or taking a home equity loan
  • Parents who want the house secure for their children

Coverage amounts, riders, and availability depend on carrier and underwriting.

Get a mortgage protection quote

Related services

Life Insurance

Term, whole life, and IUL for families, federal employees, and business owners.

Learn more

Collateral Assignment

Use a policy to secure real estate and business loans.

Learn more

Business Owners & Disability

Key person, buy-sell, executive benefits, and disability coverage.

Learn more

Ready to talk it through?

A 20–40 minute conversation about your goals. Plain explanations, no jargon or pressure.