The Best of Both Worlds
Mortgage Protection with Return of Premium (ROP) combines the security of mortgage protection insurance with a unique guarantee: if you outlive your policy term and don't use the death benefit, you get 100% of your premiums back. It's protection with a built-in savings plan.
How Return of Premium Works
During the Policy Term
Your family is fully protected with mortgage protection coverage.
- Full mortgage protection benefits
- Death benefit pays off mortgage
- Family keeps the home
- Peace of mind for homeowners
At the End of the Term
If you survive the policy term, you receive all premiums back.
- 100% premium return guaranteed
- Tax-free return of premiums
- No questions asked
- Use money for retirement or other goals
Win-Win Protection
You're covered either way - protection now, money back later.
- Protection if something happens
- Money back if nothing happens
- No risk of "wasted" premiums
- Forced savings component
Benefits of Mortgage Protection ROP
- Premium Return Guarantee: Get 100% of premiums back if you outlive the term
- Mortgage Protection: Full coverage for your mortgage balance during the term
- Tax-Free Benefits: Both death benefits and premium returns are tax-free
- Flexible Terms: Choose terms that match your mortgage length
- No Medical Exam: Simplified underwriting for most applicants
- Guaranteed Premiums: Premiums never increase during the term
Who Should Consider Mortgage Protection ROP?
This coverage is ideal for:
- Homeowners who want mortgage protection but worry about "wasting" premiums
- Those who prefer guaranteed returns on their insurance investment
- Families who want both protection and a savings component
- People planning for retirement who want their premiums back
- Conservative investors who want guaranteed returns
- Anyone who wants the security of knowing they'll get their money back
ROP vs. Traditional Mortgage Protection
Return of Premium (ROP)
- Higher premiums but guaranteed return
- 100% premium refund if you survive the term
- Built-in savings component
- No risk of "lost" premiums
- Tax-free premium return
Traditional Mortgage Protection
- Lower premiums, no return
- Pure insurance protection
- Premiums are "used up" if no claim
- More affordable monthly cost
- Simple coverage structure