Mortgage Life Insurance

A mortgage term life insurance policy helps guarantee your loved ones a 100% tax-free death benefit in the event of your death or get a benefit if you are critically, chronically or terminally ill — funds they can use to help with mortgage payments.

• Policy terms are available for 10 to 35 years.
• Premiums can be paid monthly, quarterly, semi-annually, or annually.
• Policy can be terminated anytime without any penalties.
• You can choose the coverage you need based on your mortgage balance. The death benefit will stay level and so will the premiums.
• You can keep the policy even if you pay off your mortgage early or you sell your house.
• 100% of the death benefit is federal income tax-free regardless of the amount.