Why Is It A Good Idea To Get More Life Insurance After Getting A New Mortgage? 
A mortgage is typically the single largest investment a family will make . Not only is it a large financial commitment but it provides for one of the basic human needs ; housing . As such this investment should be protected for the unexpected . Insurance is a great tool to do that . You can get what is called `` mortgage protection '' which basically can do a couple of things for the insured ; 1 -RRB- You can have it tied directly to the mortgage so that in the event of an untimely death the house is paid off . 2 -RRB- You can have enough coverage to pay off the mortgage in the event of death with the benefits going directly to your beneficiary to use as they see fit . 3 -RRB- You can get enough to allow your beneficiary to continue to make mortgage payments until they decide to either sell the home , refinance the home or make other arrangements . Protecting your investments is always a wise decision . 