Secure Your Home and Family Today: Find the Best Mortgage Life Insurance Quotes and Plans
Your home may be one of the biggest investments you’ll ever make, and your family probably depends on your income to help make the mortgage payments.
So, in the event of your death, your loved ones might struggle to keep your home. You can help prevent that from happening.
Take an important step now to help protect your home and family with mortgage life insurance.
- Term Lengths of coverage for a period of 10, 15, 20, 25, or 30 years.
- Coverage Amounts starting at $50,000 up to $2,000,000 or more.
- Issue Ages for people 20 to 75 years old and over.
We have partnered with JRC Insurance Group to help you shop, compare and save on mortgage life insurance protection.
Regardless of your age or health background, we'll shop our 63 leading insurance companies and find you affordable mortgage life insurance you need to protect your family and fit your budget.
Compare the best mortgage life insurance rates from 63 top carriers for savings up to 73%.
Sample Rates on Mortgage Life Insurance Protection
For a Male - Age 35 in Excellent Health (Non-Smoker):
15 Year Mortgage Life insurance Rates
- Starting from $15.20 per month
- $500,000 in coverage
30 Year Mortgage Life Insurance Rates
- Starting from $34.06 per month
- $500,000 in coverage
How Mortgage Protection Life Insurance Works
A mortgage term life insurance policy helps guarantee your loved ones a tax-free benefit in the event of your death – funds they can use to help with mortgage payments.
- Policy Terms are available for 10, 15, 20, 25, or 30 years.
- Premiums can be paid monthly, quarterly, semi-annually or annually.
- You can choose the Coverage Amount you need based on your Mortgage Balance.
- Premiums are scheduled to be level for the life of your policy.
- No matter how large your death benefit it passes to your beneficiaries generally free from income tax.
Securing your family's future is simple and stress-free with our mortgage life insurance quotes.
Instantly compare the best rates from top life insurers by filling out a quick and easy quote request form. You'll see the lowest prices right away.
If you're healthy, you can even get coverage on the same day.
Protecting your loved ones doesn't have to be expensive or complicated.
Start today and find affordable, reliable life insurance that gives you peace of mind. Let us help you take the first step toward a secure future for your family.
Advantages of Mortgage Life Insurance Plans
Mortgage life insurance gives your family peace of mind. In the event of your death, the mortgage life insurance policy covers your home mortgage loan to the bank and your mortgage is fully repaid.
The benefit is knowing that your house will be fully repaid and you will not have to worry about your family struggling to make mortgage payments.
Another advantage of mortgage life insurance is coverage with minimal underwriting – there are no medical examination plans available with no blood sample required at the inception of your policy.
It can be a valuable insurance policy option for the homeowner that has a pre-existing medical condition that would preclude a normal life insurance policy, or maybe you don't want to take a medical exam or blood test, or perhaps you hate needles.
Frequently Asked Questions - Mortgage Life Insurance
How Long Does Mortgage Payoff Life Insurance Last?
You may be able to choose coverage for a period of 10, 15, 20, 25, or 30 years depending on the insurance company.
What Happens to My Home Equity If I Die without Mortgage Life Insurance?
The proceeds from a mortgage term life insurance policy can be used by your beneficiary to pay off the remainder of the mortgage loan even if they are not one of the homeowners.
If you can continue making your mortgage payments then nothing happens.
This life insurance is designed to protect individuals who would have a difficult time making mortgage payments if one member of the family were to pass away.
In that instance, the mortgage would be paid off and you wouldn’t have to worry about the mortgage payments any longer.
If you can no longer make the mortgage payments you would have to forfeit your house and the equity in your house to the lender, and yes you would lose all your equity.
That’s why it is so important to have mortgage life insurance protection on your home, at the right amount of coverage – which would be the amount of your outstanding mortgage loan – how much you owe on the mortgage today.
How Do I Choose the Right Amount of Mortgage Insurance?
You want to select the amount of mortgage life insurance that is equal to the amount of your outstanding balance on your mortgage loan. Find out how much you owe on your mortgage and choose that amount of mortgage insurance to properly protect your home for your family.
How Much Does Mortgage Life Insurance Cost?
The price you are charged for your mortgage insurance will vary by insurance company, that’s why it is important to compare prices among several of the best mortgage life insurance companies.
Your price for mortgage life insurance is based on several factors, including:
Your age, gender, health, tobacco use, occupation, the amount of life insurance protection, and the duration of your coverage from 10 to 30 years. Remember, you may be able to select coverage lasting for a duration of 10, 15, 20, 25, or 30 years.
In addition, your own personal risk factors are taken into consideration when determining the cost, including your health, lifestyle, tobacco use, height-to-weight ratio, occupation, hobbies, driving record – all of which may affect how long you are expected to live.
Request your free, instant mortgage term life insurance quotes today to help you quickly and easily find out which insurers offer you the most affordable protection for your money.
Don't delay, as rates increase with age and if your health changes. That's why it's so important to lock-in the best rate now, while you can get covered at the most affordable price.
Mortgage Life Insurance Quotes
Top Pick – JRC Insurance Group
JRC Insurance Group helps you shop, compare and save on mortgage life insurance. Regardless of your age or health, we'll shop our 63 top life insurance companies and find you affordable mortgage life insurance coverage you need to protect your home and family, and fit your budget. Compare the best mortgage life insurance quotes instantly for savings up to 73%.
Mortgage Insurance with No Physical Exam
Disclosure: Compensated Affiliate