Mortgage protection life insurance is a type of life insurance designed to pay off the remaining balance of a your mortgage…or…provide months or years of payments to give your loved ones time and some breathing room to make good financial decisions, and not be under pressure of losing the house.

Mortgage Protection Insurance is NOT the MIP or PMI the Mortgage company puts on your loan…MIP and PMI are only there to protect the BANK or your Mortgage Lender to make sure THEY dont lose money if you die and your family can’t make the payments. They simply foreclose and sell for as much as they can get, with THEIR losses being insured and covered by the MIP or PMI. Your family gets nothing!

Mortgage Protection “Life” Insurance is a policy YOU own that protects YOUR family by making sure your family either gets the loan paid off and owns the home free and clear, or it makes sure there is money to make payments so they have time to make better financial decisions regarding the house. <READ MORE>