Affordable insurance that provides financial security for your home and family should tragedy strike.
As a homeowner, you want to protect your home with affordable, comprehensive coverage.
Mortgage protection insurance is a type of term life insurance that is designed to pay off your mortgage in the event of your death or illness. It functions like a standard term life policy: You purchase a policy for a set period, make monthly payments, and if you pass away while the policy is in force, your chosen beneficiary receives funds to pay off your mortgage. This coverage ensures that your family could stay in their home if you were no longer able to contribute to mortgage payments.
Mortgage protection insurance is right for you if you want to:
Protect your most valuable asset
Ensure your loved ones never have to deal with the fear of losing their home
Provide financial security if the unthinkable happens
As a homeowner, being able to pay your mortgage on time every month is important. What would happen to your loved ones if you were to die prematurely, become disabled or critically ill, and your income suddenly disappeared? None of us know what the future will bring, but you can achieve peace of mind today with mortgage protection insurance.
Provides a death benefit to pay off your mortgage in the event of your death
Pays your mortgage payments if you become disabled
Protects your mortgage payments in the event of critical illness
Provides benefits from a life insurance policy with generally affordable premiums
Achieves peace of mind for your home and family
Mortgage protection insurance functions much like other life insurance policies: You pay premiums to the insurance company to purchase a specific amount of mortgage protection coverage. Those premiums are based on your attained age and your health, as well as the value of your home and the payoff amount. If you die while the policy is in force, the insurance company provides funds to pay off your mortgage.
No medical exam required, apply in minutes and receive your policy instantly.
*For some carriers and most applicants
Policies can start at $70/month.
Choose your term and the coverage that’s right for you. Terms up to 40 years.
Coverage up to $2 million. This is a policy for everyone.
Real Stories, Real Satisfaction
I was hesitant about getting Mortgage Protection Insurance at first, but Mortgage Shield Solutions made the entire process simple and straightforward. Their friendly team answered all my questions and helped me find a policy that fit my budget. Now, I have peace of mind knowing that my family's home is secure.
After doing some research online, I decided to go with Mortgage Shield Solutions for my Mortgage Protection Insurance. I'm so glad I did! Their rates were competitive, and their customer service was exceptional. I feel confident knowing that my mortgage payments are protected, no matter what happens.
I recently purchased a home and wanted to make sure my family was financially protected in case something unexpected happened to me. Mortgage Shield Solutions came highly recommended, and they did not disappoint. Their team was professional, responsive, and helped me find the perfect policy for my needs. Thank you for providing peace of mind during uncertain times!
Got Questions? We've Got Answers!
Mortgage Protection Insurance (MPI) is a type of insurance designed to pay off or help pay off your mortgage in the event of certain unexpected circumstances, such as death, disability, or involuntary unemployment. It provides financial protection to ensure that your loved ones can keep their home and maintain their standard of living, even if you're no longer able to contribute to mortgage payments.
Mortgage Protection Insurance can be beneficial for homeowners who want to ensure that their mortgage is paid off in the event of their death or disability, or if they unexpectedly lose their job. It's particularly useful for those with dependents or co-signers who rely on their income to cover mortgage payments.
The amount of coverage you need depends on factors such as your outstanding mortgage balance, your other financial obligations, your family's needs, and your budget. Our insurance experts can help you assess your needs and determine the appropriate coverage amount to protect your home and loved ones.
Yes, at Mortgage Shield Solutions, we understand that every homeowner's situation is unique. That's why we offer customizable policies to suit your specific needs and budget. You can choose the coverage amount, length of coverage, and additional features that best fit your circumstances.
Mortgage Protection Insurance typically covers events such as death, disability, and involuntary unemployment. However, coverage may vary depending on the policy and insurance provider. It's essential to review the terms and conditions of your policy carefully to understand what events are covered.
At Mortgage Shield Solutions, we understand the importance of timely claim processing. We strive to process claims as quickly as possible, typically within a few business days of receiving all required documentation. Our claims specialists are dedicated to providing prompt and efficient service to our policyholders during their time of need.
Yes, you can typically cancel your Mortgage Protection Insurance policy at any time. However, it's essential to review the terms of your policy to understand any potential penalties or fees associated with cancellation. Our customer service team is available to assist you with any questions or concerns you may have about canceling your policy.
As a homeowner, you want to make sure that your home and loved ones are protected, no matter what life brings.
Are you one of the many Americans refinancing their mortgage as rates reach record lows? Don't forget to insure your most valuable asset!
Mortgage life insurance is an affordable way to protect your family from losing their home.
We'll show you how.