Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Mortgage Life Insurance
California Association of Realtors
Updated 10-31-2026
Mortgage Life Insurance
A type of term life insurance specifying that in the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance proceeds.
California Association of Realtors Glossary
California Association of Realtors · p. 9
FTC
Updated 10-31-2026
Mortgage Life Insurance
A type of insurance that will pay off a mortgage if the borrower dies while the loan is out-standing; a form of credit life insurance.
FTC Real Estate Terms
FTC · p. 12
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