Many people looking to finance their homes opt to Banks will offer you the traditional mortgage because they are the safest choice for them. However, you may not be aware of other financing opportunities that might be better for you as a borrower.
If you die while the insurance policy is in effect, then your remaining family will no longer have to worry about paying your mortgage since this is already covered by your insurance policy. You can either choose term life insurance or a mortgage life insurance. The only difference here is the beneficiary of the policy.