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I want mortgage protection to:
Mortgage protection insurance – or mortgage life insurance – is the process of protecting your mortgage balance through a term life insurance policy.
With a term that matches the length of your mortgage’s amortization period and a payout that covers the amount you owe, mortgage protection insurance can be a flexible and affordable way to financially protect your home for your dependents from whatever life throws at you. This can include critical illness and disability with additional riders.
And we saved the best for last. With mortgage protection your term life insurance pulls double duty, protecting your mortgage debt and covering other life insurance needs at the same time. Oh, and the coverage and premiums are guaranteed.
Term Life Insurance can save you significant money during the mortgage term.