







Mortgage protection insurance is a type of life insurance policy that is designed to pay off a person's mortgage in the event of their death. The policy provides a death benefit to the policy's beneficiaries, which can be used to pay off the outstanding balance on the mortgage.
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Payments Never Increase
Benefits Never Decrease
Living Benefits (Terminal, Critical, Chronic Illness)
There are several different types of life insurance, and each has its own features and benefits.
Designed to match the length of your mortgage, offering an affordable solution that pays off your home in case of death during the term.
Access funds early if diagnosed with chronic, critical, or terminal illness—helping you protect your finances during difficult times.
If a disability prevents you from working, this coverage helps maintain your mortgage payments to keep your home secure.
Get back a portion of your paid premiums at the end of the policy term if no claims were made.
It provides financial protection to the policyholder's loved ones
It can help protect the policyholder's investment in their home
It can provide peace of mind
It is typically less expensive than other types of life insurance

Mortgage protection insurance can help homeowners continue paying their mortgage if they experience job loss, illness, or death. Some of the key features include:
The amount of money the insurance company pays to help settle your mortgage.
Regular payments required to keep the policy active.
The time period your policy covers, typically matching your mortgage term.
Optional benefits like disability coverage or critical illness protection.
Flexibility to cancel or adjust your plan as your mortgage or circumstances change.
It ensures your family can stay in their home if you pass away or face a major financial setback.
No. Homeowners insurance protects the property. Mortgage protection helps pay the mortgage.
Yes if you have living benefits or disability riders in your policy.
Not always. Many homeowners use it alongside life insurance for additional coverage.
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