I recently ran accross an article that discussed how decreasing term life insurence is NOT the best way to protect your family. The article suggest that the best and cheapest way to protect your family is to obtain term life insurance for the term of your mortgage. For example, if you obtain a mortgage for 30 years, you should get a life insurance term of 30 years. This way your family will get the entire amount of the mortgage if something happens to you. Some reasons you might purchase mortgage life insurence include preventing losing your home, getting coverage with little hassle, and saving moneyon premiums. If you have a mortgage,I recommend looking into mortgage life insurance.