Mortgage protection policies are generally available to cover a range of mortgage repayment periods, e.g., 15, 20, 25 or 30 years. (dougmayeragency.com)
You may be better off selling your home if you are struggling with mortgage repayments. (moneysmart.gov.au)
Illness, losing your job or breaking up with your partner can seriously effect your financial situation and your ability to make mortgage repayments on time, or at all. (moneysmart.gov.au)