Term Mortgage Insurance
Term mortgage insurance is a form of level term life insurance that provides protection to pay off your outstanding mortgage if you die.
Term life insurance provides protection for a specific number of years, usually 10, 15, 20 or 30 years.
Term Mortgage Insurance offers guaranteed rates that remain level for the entire term of your policy. Also, your coverage amount remains the same for the entire term of your life insurance policy.
Term life insurance offers the maximum amount of protection at the lowest rates. Even though your mortgage declines over the years, your life insurance protection will remain the same – providing your family with additional funds.
Mortgage term insurance can not only pay-off your outstanding mortgage loan, but it provides financial security and protection for your family to continue living their lifestyle and provide for other expenses, including credit card debt, college tuition and living expenses.
Imagine the peace of mind knowing you have provided for your family’s security and protection while buying term insurance that meets your needs and fits your budget.
Mortgage Term Life Insurance makes more sense for your Mortgage Protection for the following Reasons
- Term insurance with guaranteed lower rates than a mortgage life insurance policy.
- Coverage that will pay off your outstanding mortgage in case you die.
- Your life insurance coverage does not decrease over time.
- Provides additional funds to help your family pay their living expenses.
To get a level term mortgage life insurance quote to protect your mortgage and your family, click here.
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