Mortgage life insurance plans can provide the security and protection your family needs if you pass away.
There are several types of life insurance that can provide protection for your mortgage, such as, decreasing term and level term insurance.
Decreasing term life insurance provides an amount of life insurance protection that decreases each year in line with your decreasing mortgage. The premiums you pay remain the same each year.
Whereas, level term life insurance provides an amount of life insurance that stays the same each year, and the premiums remain level, as well.
With level term you may be leaving your family proceeds that exceed the outstanding mortgage loan, so they will have money to pay for other things, such as, your final expenses, living expenses, college tuition, etc.
Here's how you can learn more and request your free quotation for mortgage life insurance.
Insurance without any Medical Exam,
Just a Few Health Questions.
