Yes, you may want to get life insurance for the following reasons:
- So your spouse (loved ones) can remain in the house in case you pass away.
- To pay off the house in case you die.
- To give you peace of mind knowing your family will not have to find a new place to live after you're gone.
Life insurance to pay off your home mortgage loan gives you peace of mind and provides financial security to guarantee your family has a place to live if you should die unexpectedly.
Learn more about buying mortgage payoff life insurance protection.