Mortgage Protection Insurance
Protect your home and your family’s future. This policy helps ensure your mortgage is covered—even if the unexpected happens.
Protect Your Home. Protect Your Family.
Mortgage Payoff
Pays off the mortgage balance if you pass away during the term.
Easy Application
Many policies offer simplified underwriting with no exam required.
Locked-In Premiums
Low-cost protection designed to fit your mortgage budget.
Flexible Terms
Choose a term that matches your mortgage length—10, 20, or 30 years.
Customizable Riders
Funds are typically paid out fast to help ease the burden.
Family Stability
Your family can stay in their home—no matter what happens.
What Is Mortgage Protection Insurance?
Mortgage protection insurance is a type of term life insurance that’s specifically designed to pay off your mortgage if you pass away during the coverage period.
Key features of a Mortgage Protection Insurance policy:
- Term length matched to your mortgage
- Level or decreasing death benefit
- Pays directly to your family (not the lender)
- May include disability or unemployment riders
Is a Mortgage Protection Insurance Policy Right for You?
Mortgage Protection Makes Sense If You…
- Have a mortgage and loved ones who depend on you
- Want to prevent your family from losing the home
- Prefer a simple policy focused on home protection
- Need peace of mind that your biggest asset is safe
It Might Not Be Ideal If You…
- Already have a life policy that fully covers the mortgage
- Don’t have dependents or co-owners of the home
- Need more flexible or permanent life insurance
- Are near the end of your mortgage term
Not sure you need Mortgage Protection?
That’s exactly what we’re here for!
A quick call with our team can help you determine whether mortgage protection fits your needs—and whether a term or permanent policy makes more sense based on your goals, loan balance, and family situation.
How it Works
You choose a policy term that matches your mortgage (e.g., 20 or 30 years).
If you pass away during that time, the policy pays out a lump sum that can be used to pay off the mortgage balance or continue monthly payments—ensuring your family keeps their home.
Benefits:
- Tailored to match your mortgage term
- Pays out to cover your mortgage if you pass away
- Often easy to qualify for with simplified underwriting
- Can include living benefits or disability riders
Meet the IFW Life Insurance Team
With over 35 years of experience, our independent team helps homeowners like you protect what matters most—your family and your home.
We compare top carriers and guide you through the process, so you can secure the best coverage without stress or pressure.
Our Carriers
We partner with over 37 top-rated life insurance companies to give you access to the best coverage options on the market.
Because we’re not tied to one carrier, we can shop around and build the right plan for your needs, budget, and goals.
Licensed & Trusted
Licensed in all 50 states, our IFW Life Insurance specialists are ready to deliver expert guidance you can trust. Backed by compliance and expertise.
