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

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

    Mortgage protection insurance (MPI) is a different type of safeguard that could be helpful if you’re unable to repay your mortgage. While that extra protection sounds good, MPI isn’t for everyone.

  3. 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 ...

  4. Mortgage insurance - Wikipedia

    en.wikipedia.org/wiki/Mortgage_insurance

    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.

  5. 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 . Mortgage life insurance is supposed to protect the borrower ...

  6. Private mortgage insurance (PMI): What it is and how it works

    www.aol.com/finance/private-mortgage-insurance...

    Private mortgage insurance (PMI) is an extra monthly fee that you pay on a conventional mortgage if you put less than 20 percent down. ... According to the Consumer Finance Protection Bureau, ...

  7. Payment protection insurance - Wikipedia

    en.wikipedia.org/wiki/Payment_protection_insurance

    Payment protection insurance. Payment protection insurance ( PPI ), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill, disabled, loses a job, or faces other circumstances that may prevent them ...

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