Yes. If you own a home and have a outstanding mortgage loan, you could buy a term insurance policy and name your spouse or family member as the beneficiary of your policy.
If you die, the proceeds from the death benefit of your policy may be used by your beneficiary to pay off the remaining balance owed on your home mortgage loan.
That way, your family will be able to remain in their home should you die.
Term life offers coverage lasting for a period of 10, 15, 20, 25 or 30 years, to match the duration of your mortgage loan.
Here's how to get term insurance to payoff your mortgage loan.