Yes, there are mortgage term life insurance policies available that offer you mortgage protection for a duration of 10, 15, 20 or 30 years.
You just select the length of coverage that equals the duration of your mortgage loan; for example, 15, 20 or 30 years.
Then, you select the amount of life insurance protection that equals the amount you still owe on your home mortgage loan.
You can choose a beneficiary (your spouse, for example) who will receive the death benefit upon your passing, and he or she can use the provides from your mortgage life insurance plan to pay off your home mortgage loan so your loved ones can remain in the home they shared with you.
Learn more about life insurance that pays off a mortgage