Is it possible to purchase a mortgage life insurance policy that would pay off my mortgage loan if I die, without me having to take any physical examination to qualify for the coverage?

Yes, there are life insurance plans for a mortgage that offer protection without any health exam required of the applicant or insured person.

For instance, there's one highly-rated life insurance carrier you may have heard of on television that offers up to $500,000 of life insurance with no health exams required.

You can name your spouse as the beneficiary and the money could be used for any purpose, including paying off any remaining outstanding balance on your home mortgage loan in case you die.

This insurer has some of the most competitive rates for no exam mortgage life insurance protection and you may choose coverage for a term of 10, 15, 20 or 30 years.

Here's how you can learn more about mortgage life insurance with no medical exam required.