How mortgage protection insurance works, what it costs, and when it’s actually useful in a financial plan.

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 ...

Mortgage protection insurance can be an attractive option for homeowners looking to protect their investment and keep family members from financial troubles. This type of insurance policy covers your ...

Mortgage life insurance, also known as mortgage protection insurance (MPI), is designed to pay off your mortgage when you die. Some MPI policies also offer coverage for a limited time if you lose your ...

Homeowners insurance mainly protects the borrower’s investment in their home, while mortgage insurance financially protects the lender’s investment in your home. Mortgage insurance, also known as ...

MPI can keep your home from falling into foreclosure if you die, but it may not be the best option for everyone. Many or all of the products on this page are from partners who compensate us when you ...