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Tag: Mortgage Protection Insurance

Beginner’s Guide To Mortgage Protection Insurance

Posted: December 22, 2020

If you have a mortgage on your home and your family is depending on you to make the payments, you may want to purchase mortgage protection insurance. This is a type of life insurance specifically designed to pay off your mortgage in the event of your death, so your family can remain in the home. Some mortgage protection insurance policies also provide benefits in the...

Life Insurance Vs. Final Expense Insurance Vs. Mortgage Protection Insurance

Posted: June 22, 2020

Life insurance, final expense insurance, and mortgage protection insurance are all similar in certain ways. They all pay out in the event of the policyholder’s death and they all provide protection for surviving loved ones. Aside from that, they are different types of insurance policies that offer different types of protection. What Is Life Insurance? A life insurance policy is a contract with an insurance...

What Happens To My Mortgage Protection Insurance If I Sell My House?

Posted: November 22, 2019

When you purchase a home, you are likely to get offers for mortgage protection insurance, a type of life insurance that will pay off your mortgage in case you die or become disabled. This provides protection for your family if you are no longer there or no longer able to work to pay the mortgage. If you die, with some policies, the proceeds go directly...