Ensure your family can stay in their home without the burden of mortgage payments if the unexpected happens. Secure peace of mind today.
Mortgage protection insurance (MPI) is a type of life insurance that pays off a home mortgage if the policyholder dies or becomes disabled. The benefit is paid to the lender to cover the remaining loan balance.
It is different from private mortgage insurance (PMI), which protects the lender. This policy protects you and your family, ensuring they can remain in the home without the mortgage burden.
Why Mortgage Protection is essential for homeowners.
Pays off the entire balance of your mortgage when you pass away. Your family keeps the house, debt-free, maintaining their stability during a difficult time.
The thought of losing the family home is unsettling. Breathe easy knowing that your family’s future shelter is fully protected, no matter what happens.
If you become disabled or lose your job, some policies offer coverage to help make monthly mortgage payments for a set period, keeping you afloat.
Don't leave your biggest asset unprotected. Get a quote today.
Join our monthly ChampsClub newsletter for valuable resources to plan your financial future.
