Mortgage Life & Disability Insurance Plan

What is mortgage protection insurance?

A mortgage protection policy pays off the remainder of your mortgage if you pass away or if you become disabled and can’t work. Your plan takes the risk out of these areas for you, providing peace of mind for the whole family.

The payment does not go to you or your heirs, but goes directly to your mortgage lender to pay off the loan.

Generally, MPI policies — which can often be purchased from banks and mortgage lenders — only cover the principal and interest portion of a mortgage payment. That means other fees like HOA dues, property taxes and homeowners insurance would still be your responsibility. You might be able to add a policy rider, however, to cover these expenses.

Make sure the people you love can remain in the home they love even if you pass away.

DON’T WAIT TOMORROW IS NEVER PROMISED!