Mortgage protection insurance, or MPI, pays off your mortgage in the event of your death. A life insurance policy pays out a death benefit to your beneficiaries, which they can use for any purpose.

However, our opinions are our own. See how we rate life insurance products to write unbiased product reviews. Mortgage protection insurance can cover your mortgage payments if you die. Mortgage ...

Life insurance can help support your dependents in the event of your death. This guide will help you decide if life insurance is worth buying.

Through MassMutual's LifeBridge program, the parent or legal guardian of a child under 18 may qualify for a free policy if ...

- Mortgage Protection: Life Insurance is necessary for anyone buying a house. It is used to clear your mortgage should you ...

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 ...

Furthermore, the financial protection provided by life insurance is typically immediate ... the policyholder's outstanding debts, such as a mortgage, car loan, or credit card debts, relieving ...

However, it also tends to be more expensive than mortgage payment protection insurance. Critical illness insurance pays a lump sum if you're diagnosed with a serious illness, but it won't provide a ...