🏠More Protection for What Matters Most
Mortgage Protection That Secures Your Home and Peace of Mind
In these ever-changing times, protecting what you’ve worked hard to build is more important than ever. Your home is not just a structure—it’s your sanctuary, your family’s safe haven, and often your biggest investment. But what would happen if one of your household’s main sources of income were suddenly gone?
A Risk Too Many Overlook
Did you know that 7 out of 10 American households rely on two incomes to keep up with monthly expenses, including mortgage payments? That means most families are just one illness, disability, or unexpected loss away from financial hardship—and potentially losing their home.
This is where Mortgage Protection Insurance steps in.
What is Mortgage Protection Insurance?
Mortgage protection is a specialized form of life insurance that helps ensure your mortgage can still be paid in the event of:
Unexpected death
Critical illness
Disability
You pay a monthly premium for this protection, and in return, your chosen insurance carrier ensures that your mortgage is covered, relieving your loved ones of financial burden during a difficult time.
Some policies even offer a return of premium, meaning if you outlive the policy term, you could receive all the money you paid into it—tax-free.
Key Benefits:
âś… Covers your mortgage in case of death, disability, or illness
âś… Helps your loved ones keep their home
âś… Offers peace of mind in uncertain times
âś… May include a return of premium option
âś… Terms available from 10 to 30 years
💬 Get the Protection That’s Right for You
Every situation is different. That’s why we provide customized mortgage protection solutions to fit your life, your goals, and your budget.
📞 Contact us today to speak with a licensed agent who will help you find the best option for your family’s security.
Â
🛡️ Mortgage Protection Insurance – FAQ
âť“ What is mortgage protection insurance?
Mortgage Protection Insurance is a type of life insurance policy specifically designed to pay off your mortgage if you pass away, become critically ill, or suffer a disabling injury. It ensures your loved ones won’t have to worry about losing their home during an already difficult time.
âť“ How does mortgage protection differ from regular life insurance?
While traditional life insurance provides a lump sum to your beneficiaries for any purpose, mortgage protection insurance is tailored specifically to cover your outstanding mortgage. The benefit is typically paid directly to the lender or used solely for the mortgage.
âť“ Who should consider mortgage protection?
Mortgage protection is ideal for:
Homeowners with a mortgage
Families relying on dual incomes
First-time homebuyers
Anyone wanting to protect their family from losing their home due to death, illness, or disability
âť“ What does it cover?
Depending on the policy, mortgage protection can cover:
Death benefit – Pays off remaining mortgage balance
Critical illness – Pays out if you’re diagnosed with a qualifying illness
Disability protection – Helps cover mortgage payments if you’re unable to work
Return of premium – Refunds premiums if you outlive the policy term
âť“ How long does coverage last?
Most policies are available in 10, 15, 20, 25, or 30-year terms—often aligned with the duration of your mortgage.
âť“ Will my premiums increase?
No. Most mortgage protection policies come with level premiums, meaning your monthly payment stays the same throughout the policy term.
âť“ Can I get mortgage protection with a pre-existing condition?
In many cases, yes. Some policies offer simplified underwriting or no medical exams, but approval and rates depend on individual health factors.
âť“ What happens if I sell my home?
You can typically keep the policy and use the benefit however you choose. Some clients transfer the policy to a new mortgage or convert it into another form of life insurance.
âť“ Is mortgage protection insurance required?
No, it’s optional—but highly recommended for those with dependents or joint income households. It’s peace of mind that your family can remain in the home, even in the face of tragedy.
âť“ How much coverage do I need?
We help you calculate your exact mortgage balance and tailor the policy to your needs. You may also include additional coverage for home equity, taxes, or estate planning.
