Life is Short enjoy The Ride

 Mortgage protection insurance is a way to protect one of your most valuable assets in the event of a death. Most terms are designed to give you a full return of premium if you outlive the policy. With mortgage life insurance protection, in the event of a death, the mortgage will be paid in full, so your family can keep the house. 

 If a person uses the cash value that has built up in the policy as collateral for a loan, and the insured dies before the loan is fully paid off, the amount of the death benefit is reduced by the amount of the outstanding loan, including interest. The policy must remain in force to maintain the favorable tax treatment of the loan.