What is Instant Mortgage Life Insurance Online?
Instant mortgage life insurance online is protection to pay off your outstanding mortgage loan that you can purchase online today without any medical exam, just a few health questions.
Mortgage life insurance is a type of insurance meant to repay your mortgage if you die. When the policy begins the amount of coverage is equal to the amount of your mortgage loan. Each year it decreases in amount in line with your outstanding mortgage owed. If you die, the proceeds are paid directly to the mortgage company.
There is Another option available that pays the proceeds directly to your beneficiary (your family). The amount of your mortgage term life insurance does not decrease with your mortgage. And, your family can use the proceeds pay for the mortgage, living expenses, or as needed.
Level term life insurance for 10, 15, 20 or 30 years is now commonly purchased to provide protection to pay off your mortgage. It allows greater flexibility than traditional mortgage life insurance.
Also, level term life insurance offers coverage that does not decrease each year, but your rates stay the same. And, your beneficiaries will receive the proceeds free from federal income tax.
Level Term Life Insurance makes more sense for your Mortgage Protection for the following Reasons
Instant Mortgage life insurance offers you up to $1,000,000 of Level Term Life Insurance protection for 10, 15 or 20 years.
You can apply online and get approved today, if you qualify. There's no medical exam, just a few health questions.
Coverage is available from a leading life insurance company Rated A++ "Superior" by AM Best Company for financial strength.
If you qualify, you may begin your mortgage life insurance coverage starting today.
Top Pick – Haven Life
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.