Affordable Life Insurance Protection for Your Family

Death Insurance for Mortgage

Protect Your Family and Home with Mortgage Death Insurance

Do You Own a Home with a Mortgage Loan and Want to Protect the Ones You Love?

If so, you can purchase life insurance that helps pay off your mortgage loan upon your passing.

Mortgage death insurance is a life insurance policy that provides death benefits meant to pay off the outstanding balance on a home mortgage loan in the event of the insured person’s death.

Death Insurance for Mortgage

This insurance helps to ensure your family and dependents can hold on to the security of their home as they face a new adjustment period after your passing.

Imagine the thought of your family not having the money needed to remain in the home they shared with you, should you pass away unexpectedly.

They will be experiencing the pain of your loss, and the financial distress of having to leave the home in which they made so many happy memories with you.

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How Does Death Insurance for Your Mortgage Work?

The insurance company promises to pay out a death benefit upon the passing of the insured person.

In return, the owner of the insurance policy agrees to pay a premium (monthly or annually) to the insurance company.

The beneficiary may use the death benefit proceeds from the insurance policy to pay off the mortgage loan on your home.


How Much Coverage Do You Need?

Usually, a home owner would choose to purchase an amount of mortgage insurance matching the amount of money owed on their mortgage loan.


How Long Do You Need Protection?

You’ll want to select a term (duration) of insurance coverage that matches the duration of your outstanding mortgage loan – 15, 20 or 30 years.


What are Your Options for Mortgage Death Insurance?

  • Level Term Life Insurance
  • Simplified Issue No Exam Term Life Insurance


You may choose from a level term mortgage life insurance plan that requires full underwriting which includes a medical examination. These plans may offer more competitive pricing and higher amounts of coverage available.


Top Pick – JRC Insurance Group

JRC Insurance Group helps you shop, compare and save on life insurance. Regardless of your age or health background, we'll shop our 40+ insurance companies and find you affordable mortgage life insurance you need to protect your family and fit your budget. Compare the best life insurance rates for savings up to 73%. Get Your FREE Quote


Another option is simplified issue no exam mortgage life insurance which offers up to $2,000,000 of coverage with competitive pricing for healthy individuals.

With Haven Life, qualified applicants can start their insurance policy today.


Highly Recommended – Haven Life Insurance Agency

  • Get up to $2,000,000 of affordable mortgage term life insurance today
  • Apply online in under 20 minutes, start coverage today
  • 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.

Applicants age 60-64 are eligible to apply for up to $1 million in coverage; subject to underwriting approval.  

Some qualified applicants (U.S. citizens up to the age of 59) will be able to finalize coverage without the need for a medical exam. The majority of applicants are still required to take a medical exam.  

Keep in mind: Issuance of the policy or payment of benefits may depend upon the answers given in the application and the truthfulness thereof.

Note: Recommended for Healthy People ages 20 to 60.

Death Insurance with No Exam

Death Insurance for Mortgage

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