How to protect your cosigner in case of death

[Jose Jimenez]

Is the easiest way to protect a cosigner in case of your death a life insurance policy? Has anyone done this in the past? 

My sister is likely going to be co signing a 30y loan cash out refi for me and in the event I have some sort of accident and am no longer around, I don't want her on the hook for a mortgage on a property in which she is not on the deed. Any suggestions or pointing me in the proper direction would be greatly appreciated. 

[Jeff Greenberg]

Not to protect my cosigner, but to protect my investors, one of my properties bought a life insurance naming it as a beneficiary.  This was to make sure that there would be funds to pay someone to run, and later close out the deal.