Cover your debt
Protect your family from financial risk with life insurance
How to use life insurance to cover your debt
Calculate how much life insurance you need to pay off your debt
Buy enough term life insurance to ensure your loved ones can pay off your debt if you die. Figure out how much coverage you need using our life insurance needs calculator. It helps you decide how much debt plus ongoing income you need to protect your family for a duration of time that gives you peace of mind.
Learn more: How Much Life Insurance Coverage Do I Need?
Learn more: How Long Should My Life Insurance Last?
Cover your home payment with life insurance
If you died who would pay your mortgage? Term life insurance can cover your payment so that your family would not have to move. Buy enough term life insurance to pay off your mortgage for the amount of years remaining on your loan.
Learn more: Term Life Insurance for Homeowners
Cover your co-signed debt with life insurance
Get term life insurance to protect the co-signer of your student loan, home mortgage, or credit card debt should you die before your loan is repaid. You, the borrower, can purchase term life insurance on yourself and name your co-signer as a beneficiary or your co-signer can own a life insurance policy on you, the borrower.
Learn more: Term Life Insurance for Cosigners
Cover your child's education expenses with life insurance
If you would like your child to be able to go to college, you can buy enough life insurance to cover the cost of their education. A good education can help your children take care of themselves well into the future. It’s a gift that lasts a lifetime.
Read our buyer's guide for term life insurance
Term life insurance can replace your earned income until your family has saved enough money to cover monthly expenses or loan repayment on your student loans, home mortgage, or credit cards. Choose your life insurance term length and coverage amount based on how much debt you wish to cover or how much earned income you need to replace.
Learn more: Term Life Insurance Buyer’s Guide
Cover your business debt with life insurance
Term life insurance for your business loans can protect your loved ones. If you, the business owner, die your family may be responsible for repaying your loan. Life insurance mitigates this risk by providing your family with money for the years remaining on your loan.
Cover your final expenses with life insurance
How much life insurance do you need?
Our easy-to-use calculator can help you figure out your action plan
Life insurance resources
Life insurance basics
Helpful advice for those with debt
Life insurance made easy
Our rates come from the insurance carriers. We compare the best rates for your policy options, so you don’t have to shop agent-to-agent. Insurance prices are regulated, so you won’t find better rates—even if you worked directly with the insurer. This saves you time and money.
quote to coverage.
When you apply through Quotacy, our experts shop your case and advocate for you. Our team will take care of the paperwork. We go back-and-forth with the insurance companies so that you don’t have to.
Complete your application online with Quotacy. Our team works on salary, not commission. They will advocate for what is best for you. Take care of everything online or livechat, text, email, or talk with our care team whenever you need help.
Your love. Our life insurance.
We’d be honored to help you protect your family with the gift of life insurance