Frequently Asked Questions

How does the mortgage protection term insurance differ from other types of term life insurance?

The face amount under mortgage protection term insurance decreases over time, consistent with the projected annual decrease in the outstanding balance of a mortgage loan. Mortgage protection policies are generally available to cover a range of mortgage repayment periods, like 15, 20, 25 or 30 years. Although the face amount decreases over time, the premium is usually level in amount. Further, the premium payment period often is shorter than the maximum period of insurance coverage – for example, a 20-year mortgage protection policy might require that level premiums be paid over the first 17 years.

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Contact Information

Churchville location »
2907 Churchville Road, P. O. Box 70
Churchville, MD 21028
(800)519-8387

Elkton location »
211 West Main Street
Elkton, MD 21922
(800)519-8387

Churchville Office

2907 Churchville Road
P. O. Box 70
Churchville, MD 21028
Phone: (410)838-2277
Toll Free: (800)519-8387
Fax: (410) 836-2754
> Directions


Elkton Office

211 West Main Street
Elkton, MD 21922
Phone: (410) 398-9620
Toll Free: (800-519-8387
Fax: (410) 392-9178
> Directions