mortgage protection

Mortgage Protection

Mortgage Protection Plans

The home mortgage is usually the single greatest personal debt for most homeowners. Mortgage protection insurance is offered by numerous insurance carriers as a unique life insurance policy that pays off the mortgage in the event the homeowner dies.  


Homeowners usually purchase mortgage protection life insurance to protect their family at a fixed rate of payments during the life of their mortgage.  Mortgage Protection is similar to term life insurance. In the event of the death of the primary income earner, a death benefit is paid to the family which they can use to retire the mortgage. However, the surviving family members (or beneficiaries) can use the death benefit as they wish.

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Key Options looks forward to the opportunity to assist you in achieving your dreams and financial goals by creating plans that focus on low investment costs, tax-efficiency, and minimizing financial risk. This enables us to provide proper financial guidance to help you make the most effective and educated financial decisions.