Your home is likely your family's most important asset. Mortgage protection insurance ensures that if you pass away unexpectedly, your family won't have to choose between keeping the house and paying the bills.
Get Your Free Quote How It WorksYour home is your family's most important asset. Here's how mortgage protection keeps it safe.
💡 Real Example: A 45-year-old with a $250,000 mortgage can typically get mortgage protection coverage for $60–$100/month — ensuring the home is paid off if the unexpected happens.
Mortgage protection insurance is a life insurance policy specifically designed to pay off your remaining mortgage balance if you pass away during the policy term. You choose a coverage amount that matches your loan balance, and a term that aligns with your mortgage duration.
Many policies feature a decreasing benefit structure — as you pay down your mortgage, your coverage amount decreases alongside it, keeping your premium affordable throughout the loan.
Some mortgage protection policies also cover disability or critical illness — continuing to make your monthly mortgage payments if you become unable to work, so you don't risk foreclosure during a health crisis.
🏠 Housing costs are the largest monthly expense for most American families. Mortgage protection ensures that expense is handled — even when you're not there to handle it.
Mortgage protection is especially valuable in these situations:
Kenneth will walk you through your options — no pressure, no jargon, just the right plan for your family.
Important Disclosures
Final expense life insurance proceeds are paid directly to the named beneficiary and may be used at their discretion — they are not restricted to any specific funeral provider or service. Final expense policies carry lower face values than most traditional life insurance products, as they are designed to address end-of-life costs rather than provide broad financial support for surviving dependents. These policies typically do not require a medical exam; however, premiums increase with age, and benefit payouts may be subject to limitations during an initial period for applicants with significant health conditions. All policy guarantees are contingent on the claims-paying ability of the issuing insurance company.
This website contains information about Indexed Universal Life Insurance (IUL) and constitutes a solicitation of insurance. A licensed agent or producer may contact you. IUL policies are not direct investments in the stock market. Interest is credited based on the performance of an external index, subject to a floor rate (typically 0%) and a cap or participation rate. Even with a floor in place, the policy's cash value may decrease due to the cost of insurance, policy fees, and other charges. IUL policies contain specific terms, limitations, exclusions, and conditions required to keep the policy in force. All guarantees are subject to the financial strength and claims-paying ability of the issuing company. Please review your policy contract carefully for complete details.
Reducing or suspending premium payments will affect the amount of interest credited to the policy and may shorten the period the policy remains in force. Accessing cash value through withdrawals or loans will reduce both the available cash surrender value and the death benefit. Policy loans are subject to interest; any outstanding loan balance will be deducted from the death benefit at the time of claim. There are limits on the amount that may be paid into an IUL policy. Excess contributions may cause the policy to become a Modified Endowment Contract (MEC), which changes the tax treatment of withdrawals and loans. The term "Simplified Issue" refers to a streamlined underwriting process that reduces the time needed to obtain coverage and does not imply guaranteed approval.
The death benefit is generally not payable if the insured's death results from suicide — whether sane or insane — within the policy's contestability period. In such cases, the benefit paid will be limited to the sum of premiums paid since policy issuance, less any outstanding loan balances, loan interest, and prior withdrawals. Specific exclusions and limitations vary by state and by policy.
This website constitutes a solicitation of insurance. A licensed agent or producer may contact you following submission of your information. Product availability, coverage terms, and features vary by state and by policy. Premium rates may be higher for tobacco users. Final rates and eligibility are subject to underwriting review based on your application responses and information obtained from third-party sources. Policies contain specific limitations, exclusions, termination provisions, and requirements for maintaining coverage. Please contact Kenneth Bowne or refer to your policy documents for full details. All guarantees are based on the claims-paying ability of the issuing life insurance company.
Kenneth Bowne (NPN: 21759978) is a licensed independent insurance producer. Bowne Policy Pro is not affiliated with any single insurance carrier. Products and services offered may not be available in all states.