Mortgage Protection Life Insurance

If something happened to you tomorrow, who would make next month's mortgage payment? It's not a comfortable question — but it's the one mortgage protection insurance is built to answer.

For most Americans, the equity in their home is their single largest asset. Yet fewer than half of homeowners would be able to keep up with mortgage payments if the household's primary earner passed away or became unable to work. And many homeowners aged 65 and older have built up six figures in home equity — equity that disappears fast if the mortgage can't be paid and the home is lost.

Mortgage protection life insurance is designed to make sure that never happens. Instead of your family scrambling to sell or refinance during an already painful time, a policy can pay off or pay down the mortgage — or cover payments for an agreed period — so they have room to breathe and make decisions without the threat of losing the home.

Who Is Eligible?

• Ages 18–80

• Families with or without children

• Homeowners with more than $10,000 in equity

• Ages 18–55 (depending on health and mortgage size): coverage can be structured to help pay off the full mortgage balance in the event of death

• Ages 50–80 (depending on health): coverage can be structured to cover mortgage payments for a set, agreed-upon timeframe — giving your family time to make a level-headed decision about the home instead of a rushed one

You've spent years building that equity. A short conversation now is how you protect it.