
Mortgage Life Insurance is a life insurance type that pays off your mortgage in case of your death. It is basically a term life insurance policy with the policy term equaling the mortgage term.
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As an example, if you obtain a 30 year home morgage, you would get a 30 year term life insurance policy. This way the mortgage would be paid off in case of your death, and your family would not be left in a financial predicament. Getting mortgage protection life insurance protection is always
a wise choice.
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Home Mortgage life insurance rates are usually very affordable and cheap. For example, if you are a 40 year old male smoker in California with regular health, the monthly cost of buying a $500,000, 20 year mortgage term life insurance policy would be around $160/month. But if you are a non-smoker, it would be around $65 per month to buy a policy. Click for your own rates!
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| States that we sell mortgage life insurance in: | ||
| Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware D.C. Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas |
Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina |
North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming |
No matter how much life insurance you need, $50,000; $100,000; $200,000; $300,000; $400,000; $500,000; $600,000; $1,000,000, or your age, 40, 45, 50, 55, 60, 70, etc. - we can quote you the best insurace rates possible.
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| We Quote the Following Companies: | |
| American General Life Insurance Company Bankers Life Insurance Co. of New York Banner Life Insurance Company First Penn-Pacific Life Insurance Jefferson Pilot Financial Insurance Jefferson Pilot LifeAmerica Insurance Co John Hancock Life Insurance Company USA John Hancock Life Insurence Company NY Liberty Life Insurance Company Lincoln Benefit Life Company Lincoln Life & Annuity Company of NY Lincoln National Life Insurance Company Massachusetts Mutual Life Insurance North American Co for Life and Health |
Northwestern Mutual Life Insurance Pacific Life Insurance Company Protective Life & Annuity Insurace Co Protective Life Insurance Company Pruco Life Insurance Company Pruco Life Insurance Co of New Jersey Transamerica Financial Life Insurance Co Transamerica Occidental Life Insurance U.S. Financial Life Insurence Company United of Omaha Life Insurance Company United States Life Ins in the City of NY West Coast Life Insureance Company William Penn Life Insurance Co of NY |
Another example: If you are a 45 years old female non-smoker in Texas with regular health, the monthly cost of buying a $400,000, 30 year term life insurance policy would cost you around $68 per month. But if you are a smoker, it would be around $157 per month to buy a policy. Click for your own rates!
Example: For a 50 year old male smoker in New York with regular health, the yearly premium cost of buying a $300,000, 20 year term life insurance policy to cover his mortgage would be around $2,000 ($167 per month). Click for your own rates!