It's a term life insurance policy providing a death benefit that your beneficiary can use to pay off your outstanding home mortgage in case you pass away.
When choosing your mortgage coverage you'll want to select a term life policy with coverage for a "term" (duration) that matches the length of your hem mortgage - 15, 20 or 30 years.
Also, choose an amount of mortgage protection that matches the amount you owe on your home mortgage loan.
That way, your family will have funds needed to pay off the home mortgage and remain in the home they share with you, in case you die.
Mortgage term life insurance protection gives you the peace of mind knowing your family will have a home if something should happen to you.
Learn more about life insurance covering a mortgage