Life Insurance That Pays Off Your Mortgage

Is there life insurance coverage that pays off your mortgage?

Yes, you can use life insurance to pay off your home mortgage loan.

Many homeowners choose to purchase a mortgage payoff insurance policy to pay off the remaining balance on their mortgage loan in case they pass away before it is completely paid off.

That way, if you do pass away before paying off the loan, your family will have the money needed to pay off the mortgage and remain in the home they shared with you.

It’s a way to protect your family and your home, so your loved ones can keep living in the home in which they shared so many memories with you.

Learn more about buying life insurance that pays off mortgage.

Insurance to Pay Off Mortgage

Do you own a home and have a mortgage loan you are paying off?

If so, you may have a need for mortgage payoff life insurance protection.

Why would you want to protect your mortgage?

So your family can be safe in case you pass away. If you have a policy to pay off your home mortgage upon your death, your family can remain in the home they share with you.

The proceeds from your mortgage life insurance policy can be used to pay off the outstanding mortgage on your home so your spouse and kids won’t have to move – losing the home they experienced so many memories with you.

Insurance to pay off your home mortgage can provide you with peace of mind knowing your family is safe and secure and can keep the home you share with them.

And, it’s affordable to get the coverage you need – you just choose the amount of protection that is equal to your outstanding loan on your mortgage. And, choose a term (duration) of coverage that equals the length of your home mortgage – from 10, 15, 20 or 30 years.

There are plans available that offer up to $400,000 of mortgage life insurance without any health exams required.

Here’s how to learn all about mortgage payoff insurance and compare instant mortgage insurance quotes today, with no hassles.