Explore SBLI Life Insurance Products - Mortgage Life Insurance
MORTGAGE LIFE INSURANCE - You can cover your mortgage with mortgage life insurance from as low as $5,000 and have the premium included in your monthly mortgage payment. Your premiums will not increase with age. And unlike other plans which end at age 70 or 75, SBLI's coverage continues until your loan is paid off. Your entire mortgage balance can be covered, up to $1,000,000 or, you may request coverage on 50% of your loan.*
Terms and Conditions
- Qualification for Mortgage Life Insurance is based on SBLI'S underwriting review.
- Rates shown are for non-tobacco users. Non-tobacco use means no tobacco use during the past 12 months.
Sample Monthly Premiums for Mortgage Life (sample premiums for other ages are also available) |
| |
Issue Age |
$50,000 Mortgage |
$100,000 Mortgage |
|
|
30 |
$7.50/month |
$15/month |
|
|
35 |
$9.50/month |
$19/month |
|
|
40 |
$14.50/month |
$29/month |
|
|
|
|
|
|
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MORTGAGE ACCIDENTAL DEATH INSURANCE- This valuable coverage is in addition to your Mortgage Life Insurance, and pays a benefit in the event of death from ACCIDENTS ONLY, up to $200,000.*
- It's designed to pay off the mortgage balance if you or your enrolled spouse should die accidentally.
- It's convenient - easily budgeted along with your mortgage.
- It's easy to enroll - your acceptance is guaranteed through age 69.
- It's economical - the monthly cost is $0.12 per $1,000 of your mortgage balance.
MORTGAGE DISABILITY INSURANCE - A low cost way to protect your investment if you suddenly become disabled.*
- It's designed to pay up to $1,250 per month (not to exceed your mortgage balance) if you become totally disabled due to illness or injury.
- Spouse or co-borrower is also eligible.
- Partial coverage is available.
- It's convenient - easily budgeted along with your mortgage.
SuperTerm Life Insurance
Single Premium Children's Term Life Insurance
Permanent Life Insurance Coverage
Guaranteed Golden Life Insurance
Mortgage Life Insurance
EstateWise Single Premium Whole Life (SPWL)
*Insurance products offered by SBLI are not deposits, are not insured by the FDIC/NCUA or any other Federal Government Agency, and are not obligations of, nor guaranteed by any bank or credit union.
