What is the best house insurance to buy?

House insurance is insurance to cover your house, if it burns down or such.

YOU are talking about LIFE insurance, either a decreasing term insurance policy, or straight term. It's going to be rated based on how old you are, what your health is like, how much the mortgage is, and how many years you have left.

Ever thought about consulting an estate attorney, and putting the house in trust? Then letting the life insurance policy fund the trust, to pay property taxes, insurance, food, and utilities, after you pass away? That provides housing to him, without giving him any income.

What you are asking about is not house insurance; it is mortgage protection life insurance. You are not insuring your house. You are insuring your life for the value of your mortgage. The beauty of mortgage protection life insurance is that it cannot be used for anything other than paying off your mortgage. Traditional life insurance can be used for that too, but your grieving son could be tempted (or deceived) into spending it on bad investments. The death benefit could be lost and there would be no way to pay for the house. So your idea is a good one.

The best way to find a policy that is right for you is to contact an independent life insurance broker. A broker works with several life insurance companies and can find the best coverage at the best price for you. Since the broker wants to stay in business and gain referrals, he or she will point you only to reputable companies.

To find a good life insurance broker, log on to a site like http://www.lifeinsurancewiz.com/ and complete the “request a quote” form. The form will go to a broker in your area who will contact you. The quote is free, and you are not obligated to buy. Good luck!

Call you home insurance company and ask them what you can do.