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2. Mortgage life insurance - Wikipedia

   en.wikipedia.org/wiki/Mortgage_life_insurance

   Mortgage life insurance is a form of insurance specifically designed to protect a repayment mortgage. If the policyholder were to die while the mortgage life insurance was in force, the policy would pay out a capital sum that will be just sufficient to repay the outstanding mortgage .

3. Mortgage protection insurance: What it is and when you might ...

   www.aol.com/finance/mortgage-protection...

   Mortgage protection insurance might be worth it for people who can’t get approved for traditional forms of life or disability insurance, or for whom premiums for a traditional policy are cost ...

4. What happens to your mortgage when you die? - AOL

   www.aol.com/finance/happens-mortgage-die...

   Or, if you have mortgage protection insurance, the remaining debt will be paid through the policy. Also called “mortgage life insurance,” this type of policy helps protect your loved ones from ...

5. What Is Mortgage Insurance? How It Works and Who Should ... - AOL

   www.aol.com/mortgage-insurance-works-000002463.html

   Mortgage protection insurance, or MPI, is a type of credit life insurance that pays off your loan if you die. It’s strictly voluntary, but it’s expensive — about 0.50% of your loan amount ...

6. Life insurance - Wikipedia

   en.wikipedia.org/wiki/Life_insurance

   Mortgage life insurance insures a loan secured by real property and usually features a level premium amount for a declining policy face value because what is insured is the principal and interest outstanding on a mortgage that is constantly being reduced by mortgage payments. The face amount of the policy is always the amount of the principal ...

7. Mortgage insurance - Wikipedia

   en.wikipedia.org/wiki/Mortgage_insurance

   Mortgage insurance (also known as mortgage guarantee and home-loan insurance) is an insurance policy which compensates lenders or investors in mortgage-backed securities for losses due to the default of a mortgage loan. Mortgage insurance can be either public or private depending upon the insurer.