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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 vs. life insurance. While MPI and life insurance both pay out benefits upon your death, life insurance is more flexible. The beneficiary of a life insurance policy is ...

4. 10 Times Decreasing Term Life Insurance Makes Sense - AOL

   www.aol.com/finance/10-times-decreasing-term...

   Decreasing term insurance, also known as mortgage life insurance or mortgage protection insurance, is a type of life insurance policy where the death benefit gradually decreases over time. This ...

5. 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.

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

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

   Consider mortgage protection insurance – If you can’t afford or can’t get approved for traditional life or disability insurance, you can take out mortgage protection insurance (MPI) to ...

7. 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 ...