Chances are, your need for financial protection will change over the course of your 15—30 year mortgage. Most homeowners need more protection during the early years—when their loan balance is highest—than they do later when their home equity begins to rise. That’s why this solution provides two layers of protection:
Temporary term life insurance—so your family has more protection during the early, critical years of homeownership.
Your choice of long-lasting life insurance policies (whole life or universal life) to cover the entire length of your mortgage—and possibly longer.