The Mortgage Debt Remains

When you die, your Indianapolis mortgage doesn't disappear. The debt is still owed to the lender. If you're the sole owner, the mortgage becomes part of your estate and must be paid through probate — or your heirs must continue making payments.

Your Spouse or Heirs Must Pay or Sell

Under Indiana law, your surviving spouse or heirs have three options: (1) continue making monthly mortgage payments, (2) pay off the loan in full using estate assets, or (3) sell the Indianapolis home to satisfy the debt. Without mortgage protection, many Marion County families are forced to sell.

Marion County Probate Takes 6–12 Months

If your estate goes through probate in Marion County, the process typically takes 6–12 months. During that time, mortgage payments are still due. If payments are missed, the lender can begin foreclosure proceedings on your Indianapolis home.

Mortgage Protection Pays the Loan Off Immediately

With a mortgage protection policy, your Indianapolis family receives a death benefit that pays off the remaining loan balance — usually within 2–4 weeks of filing a claim. No probate delays, no forced sale, no financial stress during an already difficult time.

Congratulations! You've just purchased your home in Indianapolis, Fishers, Carmel, Noblesville, or another Central Indiana community.

Rates are lowest when you're young and healthy. Locking in coverage immediately after closing saves Marion County homeowners hundreds per year.

As you pay down your Indianapolis mortgage, you may be able to reduce coverage and lower premiums — or increase if you refinance.

Protect against income loss due to injury or illness — ensures you can still make Indianapolis mortgage payments if you can't work.