Your home is a major investment, and you can protect that investment with home insurance. But if you pass away and your beneficiaries can't pay your mortgage, your home could be sold or foreclosed on.
Mortgage protection insurance will pay off your mortgage if you pass away with an outstanding balance. This type of insurance policy can give you peace of mind by ensuring that your family can keep ...
Not to be confused with private mortgage insurance (PMI), mortgage protection insurance (MPI) helps cover your mortgage payment if you die or become disabled and can't work. MPI is similar to life ...