Protect Your Family And Protect Your Home With Mortgage Protection Insurance
✓ Local Agents
✓ National a-rated carriers
Mortgage protection insurance is for what matters most. Your home is more than just a house. It’s where your family lives, where memories are made, and where you feel safe. At Sacramento Life Insurance, we help you protect that home in case the unexpected happens.
Mortgage protection insurance is a special type of term life insurance. It’s designed to pay off your mortgage (or at least help cover payments for a period of time) if you pass away before the loan is paid off. This way, your family can stay in the home without the added burden of a large monthly mortgage payment.
🏡 What Is Mortgage Protection Insurance?
Mortgage protection insurance (MPI) is a life insurance policy specifically tailored to cover your mortgage. If you die while the policy is active, it pays out a tax-free benefit to your beneficiaries to help:
- Pay off the mortgage in full
- Cover monthly mortgage payments for a period of time
- Give your family time to decide what to do with the house (sell, refinance, or keep it)
Some plans even offer living benefits or disability coverage, which can help cover payments if you get seriously ill or injured.
❌ Wait—Isn’t Mortgage Insurance the Same Thing?
Nope. And this is where people get confused.
Mortgage Protection Insurance is for your family. It pays them a benefit if you pass away.
Mortgage Insurance (PMI) is for your lender. It protects them if you default on your loan. It’s usually required by them if you put less than 20% down when you purchase the home.
| Feature | Mortgage Protection Insurance | Mortgage Insurance (PMI) |
| Protects who? | Your family | Your lender |
| Who buys it? | You (optional) | You (required if <20% down) |
| Pays out to? | Your beneficiary/family | The mortgage company |
| When does it pay? | If you pass away | If you stop paying |
| Is it optional? | Yes | Usually No |
Get a custom mortgage protection insurance quote for your Sacramento area home
Types of Mortgage Protection Insurance Plans
Every family and mortgage is different. That’s why we offer a range of mortgage protection insurance options:
✔️ Full Mortgage Payoff Plan
- Pays off the remaining balance of your home loan in full
- Your family owns the house free and clear
- Optional extra payout for additional needs
✔️ Monthly Payment Protection Plan
- Covers mortgage payments for a set time (e.g., 12–36 months)
- Gives your family time to grieve, adjust, and make decisions
✔️ Mortgage + Income Combo
- Pays off the mortgage plus provides extra funds for living expenses
- Ideal for households with one primary earner
✔️ Living Benefit Riders
- Covers critical illness, disability, or terminal illness
- Use the policy’s death benefit while you’re still alive if tragedy strikes
All of our quotes and plans are custom made to order. After a short interview, we’ll have a good idea of what your financial and health situation is. Then, we’ll help you choose the best option based on what you can medically qualify for, your family’s needs, mortgage balance, income, and budget.
🌐 Why Sacramento Families Choose Us
We’re local, independent, and not tied to any single insurance company. That means:
- We shop multiple A-rated life insurance carriers for the best rates
- You get personal attention from local licensed agents
- Meet in person, over the phone, or by Zoom
- No high-pressure sales tactics—just helpful guidance
And we make the process simple. From quoting to application submission usually takes less than an hour. Our agents are fast, friendly and experts at matching your particular situation with the right insurance carrier that will give you the most coverage for your premium dollar.
How Getting Mortgage Protection Insurance Works (Fast + Easy)
You can easily get approved for a solid mortgage protection policy in less than an hour.
Step-by-step:
- Request a free quote
- Talk to an agent about your mortgage and goals
- Answer a few simple questions (age, health, mortgage details)
- We shop multiple carriers for the best rate that you qualify for
- Choose an option we provide and apply
- Get approved quickly—sometimes instantly!
Most of our plans don’t require a medical exam. If you qualify, you can be covered today. These plans are what are called simplified issue life insurance. Which means, no medical exam is needed. Your health status is simply checked through the Medical Information Bureau (MIB) when you apply.
📈 Sample Monthly Premiums
Here’s a general idea of what MPI can cost for a $300,000 mortgage:
| Age | Good Health | Some Health Issues |
| 30 | $50–$70/mo | $60–$80/mo |
| 40 | $60–$80/mo | $100–$120/mo |
| 50 | $70–$90/mo | $120–$140/mo |
Rates vary by carrier, health, and coverage type and term of the policy. We’ll help find your best deal.
Have questions? Want a free quote?
We’re here to help. Let’s talk.
Who Should Consider Mortgage Protection Insurance?
MPI is a smart choice if:
- You have a mortgage and dependents
- You’re the main income earner
- Your spouse or children rely on the home
- You want peace of mind that the home is protected
Even if you already have life insurance, a dedicated mortgage protection policy ensures the home is safe without using up other coverage meant for income replacement or college savings.
🌍 Areas We Serve
We help families all over Sacramento and nearby areas, including:
- Elk Grove
- Roseville
- Rancho Cordova
- Citrus Heights
- Carmichael
- Folsom
- Fair Oaks
- Natomas
- Arden-Arcade
- West Sacramento
And anywhere within 20 miles of Sacramento. Not sure if you’re in our area? Just ask.
📢 Let’s Protect Your Mortgage Today
Life is unpredictable. But with the right plan, you can make sure your family keeps the home you worked so hard for.
Contact Sacramento Life Insurance for a free quote on mortgage protection insurance. Our local agents are ready to help you secure your future—quickly and affordably.
Protect the roof over your family’s head.
Get started today.