Licensed in 35 States · Based in Lehi, Utah
If Something Happened to You Tomorrow,
Who Would Pay the Mortgage?
Get mortgage protection designed to help your family stay in the home they love. Compare affordable life insurance options from top-rated carriers.
Or call Chandler directly: (801) 719-2220
Protection for the people
who depend on you
One focus: making sure that if something happens to you, your family keeps the house, the lifestyle, and the plans you built together.
Your mortgage is probably your family's biggest monthly obligation. Mortgage protection is life insurance sized to your loan, if you pass away during the term, your family receives a tax-free payout they can use to pay off the house. The money goes to them, not the bank.
- Coverage sized to your mortgage balance
- Level premiums that never increase
- Living benefits riders on many policies
- No-exam options for most healthy applicants
- Payout goes to your family, and they choose how to use it
The simplest, most affordable way to get serious coverage during the years your family needs it most: while the kids are home and the mortgage is outstanding. Lock in a level rate for 10, 15, 20, or 30 years.
- Coverage from $100k to $1M+
- Level rates for the full term
- Living benefits & return-of-premium riders
- Convertible to permanent coverage later
- Great fit for young families
Coverage that never expires, with premiums that never increase and cash value that grows guaranteed. A foundation piece for lifelong protection, estate planning, and leaving something behind.
- Guaranteed lifetime coverage
- Fixed premiums for life
- Guaranteed cash value growth
- Can supplement retirement or emergencies
- Simple, predictable, permanent
Permanent coverage with flexibility: your cash value can grow based on a market index (like the S&P 500) with downside floors, and you can adjust premiums and coverage as life changes.
- Permanent, flexible life insurance
- Index-linked growth potential with floors
- Tax-advantaged cash value access
- Adjustable premiums & death benefit
- Popular for long-term planners
Smaller whole life policies designed to cover funeral and burial costs so your loved ones never face those bills. Simplified applications, quick approvals, and guaranteed-issue options.
- Coverage typically $5k – $40k
- No medical exam, just health questions
- Guaranteed-issue options available
- Rates locked for life
- Fast, simple applications
We work for you, not a carrier
Steelwater is an independent agency. A captive agent can only sell one company's policy at one company's price. We quote multiple A-rated life carriers side by side and recommend the one that actually fits your health, budget, and goals. Quoting is always free.
Tap any carrier to see where it tends to fit
Carrier availability varies by product, state, and underwriting. Every insurer we quote holds a strong financial strength rating.
See what coverage could cost
Ballpark your monthly premium in seconds, then call (801) 719-2220 and we'll shop real quotes across our carriers for exact pricing.
Simple, honest,
always on your side
A short call or a 60-second form. We ask about your mortgage, your family, your health, and your budget. That's it.
We quote multiple A-rated life carriers at once and match you with the ones most likely to approve you at the best rate. A one-company agent can't do that.
We walk through your top options in plain English (term lengths, riders, living benefits) and answer every question. Zero pressure.
Many no-exam policies are approved in days, not weeks. We handle the paperwork and stay your agent for life: reviews, changes, and claims.
Got questions?
We have answers.
Quick answers to what families ask us most. Don't see yours? Call (801) 719-2220, we love talking this stuff through.
What exactly is mortgage protection insurance?
Mortgage protection is life insurance sized to your mortgage. You choose a coverage amount that matches your loan balance and a term that matches your payoff timeline. If you pass away during that term, the carrier pays a tax-free lump sum directly to your family, enough to pay off the house, so they never face a mortgage payment without you.
It's not sold by your lender, and the bank is never the beneficiary. Your family gets the money and decides how to use it.
How is this different from the PMI I pay my lender?
Completely different. PMI (private mortgage insurance) protects the lender if you default on the loan, you pay for it, but your family gets nothing from it.
Mortgage protection protects your family. If something happens to you, they receive the payout and can pay the house off free and clear. One protects the bank's money; the other protects your people.
Do I need a medical exam to qualify?
Usually not. Most of the mortgage protection and final expense policies we write use simplified underwriting: a short set of health questions instead of needles, labs, or paramed visits. Many healthy applicants are approved within days.
If you're very healthy, a fully underwritten policy (with an exam) can sometimes earn you an even lower rate, we'll show you both paths and let you choose.
How much does mortgage protection cost?
Less than most people guess. For a healthy 35-year-old, covering a $400,000 mortgage with a 30-year level term policy often runs in the range of a dinner out per month. Age, health, tobacco use, coverage amount, and term length all move the number.
Use the estimator above for a ballpark, then let us pull real quotes, it's free and takes one short call.
What are living benefits?
Many modern term and mortgage protection policies include living benefits riders, often at no extra cost. If you're diagnosed with a qualifying critical, chronic, or terminal illness, you can access a portion of your death benefit while you're still alive to cover treatment, income gaps, or the mortgage itself.
It turns a "someday" policy into protection you could actually use. We'll show you which carriers include them.
What happens if I sell the house or refinance?
Your policy isn't attached to the loan. It's attached to you. Sell, refinance, or move across the country and your coverage comes with you, unchanged, at the same locked rate. If your new mortgage is bigger, we can review whether adding coverage makes sense.
Is there any cost or obligation to get quotes?
No. Quoting is completely free and there's zero obligation. We're paid by the insurance carrier only after you choose a policy, so our only incentive is finding coverage you'll actually keep. No fees, no pressure, no spam.
Why work with Steelwater instead of a big-name carrier directly?
A captive agent can only offer one company's products at one company's prices, and life insurance pricing varies a lot between carriers depending on your age, health history, and even hobbies. As an independent agency, we shop multiple A-rated carriers and match you to the one most likely to approve you at the best rate.
You also get a real person who picks up the phone, the same agent this year and ten years from now, not an 800-number queue.
Protect the house. Protect them.
One short conversation is all it takes. We'll shop A-rated carriers, explain your options in plain English, and you decide. No commitment, no pressure, no cost to look.
Based in Lehi. Licensed in 35 states.
Wherever you are in the country, everything is handled by phone and e-signature, so you can put coverage in place without leaving your couch.
Sunday: Closed