Coverage for terminal, critical or chronic illness and death—so your home stays in your family, no matter what.
Mortgage Protection Insurance is a type of life insurance specifically designed to pay off your mortgage if you die, become terminally ill, or suffer from a critical illness. It ensures your family can keep their home during the most difficult times.
Your mortgage is likely your largest monthly expense. If the primary breadwinner dies or becomes unable to work, families often face an impossible choice: struggle with mortgage payments or lose their home.
Choose the level of protection that fits your family's needs and budget.
Basic coverage that pays off your mortgage if you die. Most affordable option.
Covers death and terminal illness diagnosis. Provides living benefits when you need them most.
Full protection including death, terminal illness, critical illness, and disability benefits.
Critical illness doesn't just affect your health—it devastates your finances. Medical bills pile up while your income disappears.
With critical illness coverage, your mortgage gets paid off, giving your family one less worry during recovery.
Simple, straightforward protection that activates when your family needs it most.
Quick application with basic health questions. Most people qualify instantly.
Fast approval process, often without medical exams or lengthy underwriting.
Affordable monthly payments that stay the same for the life of your policy.
If a covered event occurs, the benefit pays off your mortgage balance.
| Feature | Mortgage Protection | Traditional Life Insurance |
|---|---|---|
| Primary Purpose | Pay off mortgage | General financial protection |
| Coverage Amount | Matches mortgage balance | Fixed amount chosen by you |
| Cost | Lower premiums | Higher premiums |
| Medical Exam | Usually not required | Often required |
| Approval Time | Minutes to days | Weeks to months |
| Beneficiary Receives | Mortgage payoff + home | Cash payout |
If you have a mortgage, you should seriously consider this protection. Here's who benefits most.
$350,000 mortgage, 2 kids
"When Tom had a heart attack at 52, our mortgage protection paid off the house. We could focus on his recovery instead of worrying about losing our home."
$180,000 mortgage, 1 child
"As a single parent, I needed to know my daughter could keep our home if something happened to me. This coverage gives me that peace of mind."
$420,000 mortgage, dual income
"We both work, but losing either income would make the mortgage unaffordable. We each have coverage so our home is always protected."
*Sample rates for 35-year-old non-smoker. Actual rates may vary.