how much is credit life insurance

Hi Pam! Usually this product is offered when you take our a mortgage, but I don't think it is that common. A simple Term Life Insurance Policy that is equal to at least your mortgage amount would probably be a good option to consider. You should speak to a Financial Planner if you have one or contact your current Insurance Company who provides you with your Auto, Home, and/or Renter's Policy Coverage. Good Luck!

Pamric: I would consult your insurance agent, or click my profile to the left, and email me, and I will introduce you to my insurance agent in Fort Worth, whom I have had for 10+ years. There are "credit life insurance" products that run in conjunction with your mortgage balance, but I would look at either Term coverage or a Universal Life policy. I think the $'s premium per $1,000 is higher than a separate policy.

consult your insurance agent

Credit life insurance is seldom, if ever, offered on mortgage loans, due to government regulations. If your age and health permit, consider a term policy, available from your insurance agent.