Mortgage Protection

Mortgage protection insurance is a type of insurance that helps protect homeowners and their families by paying off the outstanding mortgage balance in the event of the policyholder's death. It provides a safety net for loved ones in the event of an unexpected death, ensuring that the family home is not at risk of foreclosure. Mortgage protection insurance typically offers lower premiums than traditional life insurance policies and is easier to qualify for, as there are usually no medical exams or health questions required to obtain coverage.