Make Sure Your Family
Keeps the Home.
Mortgage Protection is term life insurance built around your mortgage. If you die or become disabled, the policy pays it off — so your family doesn’t lose the home during the worst time of their lives.
Mortgage Protection, Decoded
Your mortgage is probably the largest financial obligation your family has. If something happens to you, will they be able to keep up the payments? Mortgage Protection is a life insurance policy designed specifically to answer that question with a confident “yes.”
It’s simple: you take out a policy roughly equal to your remaining mortgage balance and term (10, 20, or 30 years). If you pass away during that time, the policy pays off the mortgage — or whatever amount is owed at that point — leaving your family in the home, free and clear.
Most policies also include disability and critical illness riders that help cover mortgage payments if you can’t work due to a serious illness or injury. That’s protection against the events that destroy families financially: not just death, but also long-term disability.
Built for Homeowners With People Counting on Them
If anyone shares your mortgage — directly or by living in your home — Mortgage Protection is one of the most important policies you can own.
New Homeowners
Just bought? Lock in low rates while you’re young and healthy. Match a 30-year policy to your 30-year mortgage.
Single-Earner Families
If one income carries the mortgage, you need protection. The whole household depends on that paycheck — protect it.
Dual-Income Couples
Could your spouse afford the mortgage alone? For most couples, the answer is no. Joint policies protect both incomes.
Mortgage Balance Over $200K
The bigger the balance, the more devastating the risk. Mortgage Protection scales with your loan.
Self-Employed Homeowners
No employer disability insurance? Add the disability rider. Income protection that keeps the mortgage paid.
Haitian Diaspora Homeowners
Protect the home your family worked hard to buy. Full service in Kreyòl for you and your spouse.
Affordable Protection
Example monthly premiums for a healthy 40-year-old non-smoker, $300,000 coverage, 30-year term. Actual rates depend on age, health, and carrier.
Three Steps. No Pressure.
Quick Conversation
15-20 minute call about your mortgage, your family, and what you’re trying to protect.
Shop the Market
I quote multiple top-rated carriers — and add riders for disability or critical illness if it makes sense.
Apply and Activate
Most applications take under 30 minutes. Some policies issue same-day with no medical exam.
What’s the Difference?
Many homeowners ask: “Why not just buy term life?” Good question. Here’s the honest answer.
Built for Homeowners
Mortgage Protection
- Coverage matched to mortgage amount & term
- Disability rider for missed work
- Critical illness rider available
- Simpler underwriting
- Decreasing or level death benefit options
- Designed specifically for mortgage payoff
Pure Income Replacement
Regular Term Life
- Flexible coverage amount, any purpose
- Often slightly lower premium
- No built-in disability protection
- Stricter underwriting
- Better for high earners with bigger needs
- Doesn’t automatically address mortgage
Honest truth: regular term life often works fine for the mortgage payoff goal. Mortgage Protection’s advantage is the disability rider and the simpler underwriting. I’ll show you both and you decide.
Questions People Ask Me
Does the policy go directly to the bank?
No — and that’s the key advantage over the old “credit life” insurance the bank sometimes pushes. With Mortgage Protection from a regular life insurance carrier, the money goes to YOUR named beneficiary, who can then choose to pay off the mortgage, invest, or use it however they think best. Your family stays in control.
Should I match the term exactly to my mortgage?
Roughly, yes — but it’s smart to add a buffer. If you have 28 years left on a mortgage, a 30-year policy gives you a 2-year cushion. Locking in a slightly longer term costs only a few dollars more and protects you if you refinance or move and re-mortgage later.
What’s the difference between level and decreasing death benefit?
Level means the death benefit stays the same — so if you die in year 25 of a 30-year policy, your family still gets the full amount, not just what’s left on the mortgage. Decreasing reduces alongside your mortgage balance, which means lower premiums but smaller payouts later. I almost always recommend Level — the difference in premium is small, and your family gets to use the extra for other expenses.
What if I refinance my mortgage?
Refinancing doesn’t affect your policy at all. The policy is between you and the insurance carrier, not the lender. If you refinance into a bigger mortgage or extend the term, you may want to update your coverage — but the existing policy stays valid for whatever you originally bought.
Can both spouses be covered on one policy?
Some carriers offer joint policies, but it usually costs about the same as two separate policies — and separate policies are more flexible. If one spouse needs more coverage or has different health, separate is almost always smarter. I’ll quote both ways and we’ll compare.
Will the bank know I have this?
Only if you tell them. The policy is between you and the insurance carrier. Your mortgage company doesn’t get notified, doesn’t need to approve it, and can’t force you into a specific product. Avoid “mortgage life insurance” pushed by the bank or lender — it’s usually more expensive and pays the bank, not your family.
Protect the Roof Over Their Heads
Free quote. Multiple A-rated carriers. Most clients are surprised at how affordable real mortgage protection actually is.