Mortgage protection insurance

Mortgage protection insurance is a mortgage life insurance policy that pays off your mortgage if you die prematurely. Don’t get this confused with Private Mortgage Life Insurance (PMI), which protects the bank or lender if you can’t keep up on your payments.

Finding a quality Mortgage Protection Insurance Company for you and your family can be difficult. Learn about coverage options here!

Unlocking the “What” and “Why” of Mortgage Insurance Mortgage insurance – it’s almost like a financial safety net, snugly tucked under the tightrope of home loans. But what is it, really? It’s an insurance policy that kicks in to protect the mortgage lender or title holder if, say, you start juggling too many financial commitments and one falls to the ground – that is if you default on your payments or meet other unfortunate circumstances where you can’t uphold your mortgag...

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Mortgage life insurance ensures your family's home loan debt is paid off if tragedy strikes, but term life presents them with the potential for greater financial freedom and security.