Mortgage Term Life Insurance
Mortgage Term Life Insurance is life insurance that provides money to pay off your mortgage in case you die while the mortgage is not fully paid off.
The original type of mortgage protection insurance followed the balance of your mortgage. As your mortgage amount decreased over the years, so did the amount of your mortgage insurance.
Today, it makes sense to get mortgage term life insurance equal to the amount of your original mortgage amount, instead of a decreasing amount of life insurance.
It has become more common to buy the most inexpensive level term life insurance with rates guaranteed for 20 or 30 years. The reason most people choose level term insurance to protect their mortgage is because rates are more competitive, and the premium and amount of coverage can be guaranteed for the full term of the policy.
Top Pick – Efinancial
Answer one form and you'll get up to 12 Instant Life Insurance Quotes from over 77 top-rated companies. Save up to 75%. Efinancial provides quotes from Fidelity Life which offers up to $500,000 of life insurance with no medical exam, if you qualify. Request your free quotes for term life insurance.
Level Term Life Insurance makes more sense for your Mortgage Protection for the following Reasons
- Life insurance with guaranteed lower rates than a mortgage life insurance policy.
- Coverage that will pay off your mortgage in case of your death.
- The life insurance amount does not decrease.
To get a level term life insurance quote to protect your family and your mortgage, click here. Fill out one quick and easy form and get your Instant Quote now. If you like your quote, you can APPLY ONLINE today. Get a FREE Life Insurance Quote.
Benefits of Mortgage Term Life Insurance
Mortgage term life insurance offers you up to $500,000 of term life insurance for 10, 15, 20 or 30 years depending on your age.
You can apply online and get approved in minutes, if qualified. Just answer some health questions to see if you qualify.
If you qualify, you can begin your coverage today. Your policy comes with a 30 day money back guarantee. There's no risk.
Why not protect your home and your family today? To request your free quote for mortgage term life insurance Click here.
Top Pick – Efinancial
Answer one form and you'll get up to 12 Instant Life Insurance Quotes from over 77 top-rated companies. Save up to 75%. Request your free quotes for term life insurance.
Highly Recommended – Haven Life
- Get up to $1,000,000 of affordable term life insurance today
- People ages 18 to 65 can get up to $1 million in coverage
- Apply online in under 20 minutes, start coverage today
- Backed by MassMutual, rated A++ by AM Best
Haven Life uses the information provided in your application to make an instant decision on your application. Healthy, qualified applicants (based on the information provided in your life insurance application) can be insured immediately with no medical exam while other applicants can receive immediate coverage pending a medical exam.
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