What is mortgage protection insurance?

Mortgage protection insurance is a life insurance policy designed to pay off or cover your mortgage payments if you pass away. Unlike bank creditor insurance, the benefit goes directly to your family — not the lender — so they can use it as needed to stay in their home.

Do I need a medical exam to get mortgage protection insurance?

Many mortgage protection plans require no medical exam. Approval is typically based on a short health questionnaire, and coverage can begin the same day in many cases.

How much does mortgage protection insurance cost?

Most homeowners can secure mortgage protection coverage for $30–$100 per month, depending on age, health, loan balance, and carrier. Audrey Powell shops multiple A-rated carriers to find the best rate for each client's situation.

What is the difference between mortgage protection insurance and PMI?

PMI (Private Mortgage Insurance) protects the lender if you default on the loan. Mortgage protection insurance protects your family — it pays the mortgage so your loved ones can keep the home if you pass away. They are completely different products serving completely different purposes.

Family Protection · Affordable Coverage · Multiple Carriers

You Got the Keys. Now Answer This: What Happens to Your Family If You're Not Here to Make the Payments?

The mortgage doesn't pause because life gets hard. One free conversation could be the only thing standing between your family and losing the home you worked so hard to get them.

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The Reality

Your Mortgage Doesn't Know You Died

The bank will still expect that payment on the 1st of the month. Every month. Whether you're here or not.

If you're the primary income earner — or even if you share that responsibility equally — the sudden loss of your income puts your family in an impossible position: grieve the loss of the person they love, AND figure out how to keep their home.

Most families have 3–6 months of savings. That's not enough time to recover, restructure, and rebuild. And most employer-provided life insurance isn't specifically designed to pay off your mortgage.

Mortgage protection is a dedicated policy that solves exactly this problem. It's not complicated. It's not expensive. And most families wonder why they didn't do it sooner.

It is not PMI (Private Mortgage Insurance). PMI protects the lender. Mortgage protection insurance protects your family.

What's at Stake

Year mortgage commitment — the longest financial obligation most families ever make

Amount the bank will reduce your payment because of a family tragedy

Simple policy that ensures your family never has to choose between grieving and keeping the house

Simple & Fast

How Mortgage Protection Works — In Plain English

We Match Coverage to Your Mortgage

Coverage is sized to your remaining mortgage balance and loan term. We make sure the protection is right — not too small to help, not overly expensive.

You Lock In Your Premium

Your monthly premium is set at application and stays level for the life of the policy. Coverage typically begins the same day your application is approved.

Your Family Is Protected

If you pass away, your beneficiaries receive a tax-free death benefit. They decide how to use it — pay off the mortgage, cover expenses, or whatever they need most.

Many qualifying plans also include living benefits:

Critical illness, terminal illness, and disability protection — so your coverage isn't just for death. It's protection for life's unexpected turns.

Is This Right for You?

You Probably Need This If…

You own a home with a mortgageEspecially a new 30-year loan or a recent refinance.

You have dependents who rely on your incomeA spouse, children, or anyone whose housing depends on your earnings.

You're self-employedNo employer-provided life insurance means you need dedicated personal coverage.

You just refinancedA new mortgage term means renewed financial risk — protection keeps pace with your loan.

Your family couldn't cover the mortgage aloneIf your income disappeared tomorrow, would they be okay?

Your existing life insurance isn't allocated to the mortgageGeneral life insurance may not specifically cover your home loan.

Why Work With Us

What Makes Working With Audrey Different

Multiple Carrier Options

We're not locked into one company. We shop across multiple carriers to find the most affordable coverage for your age, health profile, and mortgage size.

No-Exam Plans Available

Many plans can be approved quickly, without a full medical exam, based on health history questions alone. Coverage can begin within days.

Benefit Goes to Your Family

The death benefit is paid to your named beneficiaries — not directly to the lender. Your family decides exactly how to use it.

FAQ

Mortgage Protection — Common Questions

Is mortgage protection the same as PMI?

No. PMI (Private Mortgage Insurance) protects the lender if you default on your loan. Mortgage protection insurance protects your family by covering your mortgage if you die or become critically ill. They serve completely different purposes — PMI benefits the bank, mortgage protection benefits your family.

Do I need a medical exam?

Many mortgage protection policies are available without a full medical exam. Approval is based on health history questions and age. For some plans, approval can happen in minutes. We'll find the plan that fits your health profile and gets you covered as quickly as possible.

I already have life insurance. Do I still need this?

Possibly. Employer-provided life insurance typically ends when you leave your job and may not be sufficient to cover both your mortgage AND replace your income. Mortgage protection provides dedicated, portable coverage specifically for your home — regardless of where you work. We're happy to review your existing coverage and tell you honestly whether there's a gap.

How much does it typically cost?

Many homeowners pay between $30 and $100 per month, depending on age, health, mortgage balance, and term remaining. Premiums are locked in at application and never increase. We'll show you actual numbers with no surprises before you make any decision.

What if I'm in poor health?

We work with carriers that specialize in simplified issue and guaranteed issue policies. Even with health conditions, there may be options available. The best way to find out is to have the conversation — it costs nothing, and we'll tell you honestly what's available for your situation.

Free Quote

One Conversation. One Week. Lifetime Peace of Mind.

Getting covered is simpler than most people think. Answer a few questions, we prepare your options, and you can often be covered within days.

Get Your Free Mortgage Protection Quote

No cost. No obligation. A mortgage protection specialist will reach out with your personalized quote.

First Name *

Last Name *

Phone *

Email *

Date of Birth *

Gender *

State *

Remaining Mortgage Balance *

Years Remaining on Mortgage *

General Health *

Tobacco / Nicotine Use *

Primary Concern *

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Your information is confidential. Premium estimates vary by age, health, and coverage amount.

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