If you are responsible for paying your family’s mortgage each month or your spouse would not be able to afford payments if you died, you may want to consider Decreasing Term Life Insurance.

Available in terms of 15, 20, 25 or 30 years, Decreasing Term Life Insurance provides a death benefit that decreases over time, making it ideal for protecting mortgages and other large debts.

Advantages  

Debt protection
You can use this product to protect your family from losing their home or forfeiting other assets if you die.  

Affordability
Because you only buy the coverage you need to protect your home or other assets, Decreasing Term Life Insurance is affordable.  

Premium period 
You pay premiums for three years less than the term of your certificate.  

Conversion
Modern Woodmen’s Decreasing Term Life Insurance may be converted to a permanent plan of insurance at any time prior to the final three years of the term period.