Product Guide
Mortgage Protection Insurance
Mortgage protection insurance ensures your family can keep the home if something happens to you. It's a term life policy designed to pay off your remaining mortgage balance so your loved ones aren't left with that burden — and as an independent agent we shop carriers to find options that fit the needs and budgets of new homeowners, growing families, and the self-employed.
How does mortgage protection insurance work?
Pays off your mortgage
If you pass away, the policy pays your remaining mortgage balance directly to your beneficiaries.
Covers disability scenarios
Some policies also cover you if you become disabled and can't work to make mortgage payments.
Keeps your family in their home
Your family won't have to sell the house or struggle with payments during an already difficult time.
Simple qualification
Easier to qualify for than traditional life insurance — often with simplified underwriting.
Flexible coverage amounts
Coverage aligns with your mortgage balance and decreases as your loan is paid down.
Who needs mortgage protection?
- •Homeowners with an outstanding mortgage
- •Families where one income covers the mortgage payment
- •New homebuyers who want immediate protection
- •Anyone who wants to ensure their family keeps the home
- •Self-employed individuals without employer-provided coverage
Coverage for your circumstances
Explore relevant duties, health history and household needs. A guide is not a promise that this product is available to you.
Why work with an independent agent?
A captive agent usually represents one company. Our network includes 20+ top-rated carriers, with available options depending on your state and profile. We help compare quotes for coverage and underwriting fit at no cost for comparison, without guaranteeing approval or the lowest price. Policy premiums apply.
Licensed Agent vs. captive agent — the full breakdownThe parallel retirement-income concept is Social Security income protection: ordinary life insurance sized for a lost Social Security check rather than a mortgage balance.
Frequently asked questions
Protect your home and your family's future.
Request free quotes. A licensed agent will compare your options with no obligation.
Get Your Free Mortgage Protection Quote