Keep the house in the family.
Pick a time and Alec calls you. He asks about your mortgage and the people who live there, then comes back with real mortgage protection quotes from eight carriers.
Calendar not showing? Open it in a new tab or call (815) 715-7145.
- The policy pays your family, not the bank.
- Most policies need no medical exam.
- Your details go to Alec only. Never sold.
- Need to move it? The confirmation email has a reschedule link.
Would rather talk right now? Call (815) 715-7145
Mortgage protection calculator
How much would it take to protect your home?
Coverage to pay off your home
$250,000
on a 25-year term, so the policy lasts as long as the loan
A starting point, not a quote. Your price depends on your age, health and the carrier. Alec runs the real numbers on the call.
What the call covers.
- 1
Your mortgage
What you still owe, how many years are left, and who would be left with the payment if something happened to you.
- 2
What the coverage should do
Pay off the house, keep the monthly payment covered for your family, or both. Alec sizes the policy to your loan, not to a sales target.
- 3
Your real numbers
Monthly figures from the carriers that fit you, side by side. Decide on the call, next week, or never. Alec will not chase you.
Mortgage protection, in plain words.
What is mortgage protection insurance?
It is life insurance sized to your mortgage. If you pass away, the policy pays your family enough to pay off the house or keep making the payments, so nobody has to sell or move. Most people use a term policy that lasts as long as the loan.
Who gets the money, the bank or my family?
Your family. The policy pays the person you name, not the lender. They can pay off the loan, keep making payments, or use the money however they need to. That is the difference from the mortgage insurance a bank sells you.
Do I need a medical exam?
Usually not. Most mortgage protection policies use a short set of health questions, with no blood work and no nurse visit. Larger amounts sometimes ask for one, and Alec will tell you up front if yours does.
Can the premium go up?
Not on a level term policy. Your price is fixed the day the policy is issued and stays the same for the full term, as long as you keep paying it.
What does it cost?
It depends on your age, health, tobacco use, state, the amount and the length of the term. There is no honest way to put one number on a website. Alec will give you exact figures from several carriers before you decide anything.