shopify analytics ecommerce
tracking

Mortgage Life And Disability Insurance

For the homeowner mortgage life and disability insurance go hand in hand.

If it is your desire to preserve your property for your loved ones after death you buy a mortgage life insurance policy.

If you want to be assured that the home is still yours even if you are unable to earn a living because of permanent disability then a mortgage disability policy should be part of your portfolio. Let us take a look at how life and disability insurance for your mortgage works.


There is nothing more important than your family's security. What would happen to your family if you died? Would they be provided for? Compare Quality Mortgage Life Insurance Quotes and Save up to 70%


Mortgage Life And Disability Insurance

  • Mortgage Life Insurance

    You have a choice of several policies that would provide a death benefit that could be applied to pay off your mortgage, however, the decreasing term life insurance policy is the most popular one. It seems tailor made for this purpose. The death benefit decreases with your mortgage balance and the premiums are affordable.

    This is considered the best mortgage life insurance option but there are two other types of insurance that can be applied to your mortgage. We will look at these then we will examine the disability part of your insurance plan.

    Other types of policies used are level term life policies which you would buy according to how long the mortgage period is. If you have 20 years to pay on your mortgage you buy a 20 year term policy. If you have 15 years to pay you buy a 15 year term policy.

    The amounts paid to your beneficiaries will be substantially more than the amount owed to the bank or mortgage company as the years go by. This death benefit doesn't decrease.

    Sometimes whole life insurance or variable life insurance is used as mortgage life insurance if the purchaser intends to redeem the mortgage early.

    At some point the cash value of these policies...usually somewhere between 10 years and 15 years...are equal to the amount owed on your mortgage. You use the cash value to pay off the mortgage. Let us now look at the other part of your insurance policy...the disability part.
  • Mortgage Disability Insurance

    Mortgage life and disability insurance should put together as one entity. For those who can afford and qualify for it mortgage disability insurance is a good idea. Usually through hard work and stringent saving you buy a house.

    You probably intend to live in it for the rest of your life or at least to retirement. You know that if you died prematurely your loved ones would own their home...but what if you became disabled and were unable to work at your job. Could the mortgage be paid until you can return to work?

    Mortgage disability insurance would provide sufficient funds to make your mortgage payments during your time away from work. With this disability insurance policy added to the mortgage life insurance policy you now will have a comprehensive mortgage life and disability insurance plan.

Consider mortgage life and disability insurance.


Want to protect your family with mortgage life insurance? Take a Free look at Top Quality Quotes from Highly Rated Carriers and Save


Home Mortgage Life And Disability Insurance Disability Insurance Mutual Funds Term Life Insurance Quotes Disability Insurance Quote Financial Planning Financial Security 30 Year Term Life Insurance Policy 25 Year Term Life Insurance 20 Year Term Insurance Policy 15 Year Term Life Insurance 10 Year Term Life Insurance Policy 5 Year Term Life Insurance Policy Decreasing Term Life Insurance Affordable Life Insurance Financial Planning Cheap Life Insurance Charitable Giving Definition Of A Universal Life Policy Estate Planning How Much Life Insurance Life Insurance Income Life Insurance Policy Life Insurance Quote Life Insurance Settlement Term Life Ins Quotes Waiver Of Premium

Tools And Resources

Life Insurance Need Calculator

Recent Articles

  1. Life Insurance - Reasons Why You Should Buy Now

    Should life insurance buying be seen as an urgent matter? There is something about some people that at times may cause them to procrastinate about matters that could end up being quite costly...

    Read More

  2. Affordable Term Insurance - Affordable Term Life Insurance Policy

    Let us talk affordable term insurance. You want a policy that can fit into your budget, right?

    Read More

  3. Advantages Of Whole Life Insurance - Advantages To Owning Whole Life Insurance

    It can be a very satisfying feeling when you become aware of the advantages of whole life insurance for the first time.

    Read More

  4. Best Term Life Insurance Rate - Learn Which Is The Best Term Insurance Rate

    The best term life insurance rate can be quite easily found on the internet today because web insurance companies have done intense research on behalf of the consumer.

    Read More

  5. Great 30 Year Term Insurance Policies Explained - 30 Year Term Life Insurance

    I recently did some research on the development of the 30 year term insurance policy over the years. What I learned was quite interesting.

    Read More