How mortgage protection insurance works, what it costs, and when it’s actually useful in a financial plan.

Mortgage life insurance, also known as mortgage protection insurance (MPI), is designed to pay off your mortgage when you die. Some MPI policies also offer coverage for a limited time if you lose your ...

When a homeowner passes away before fully paying off their mortgage, the future of the home and the financial obligations tied to it can become a source of uncertainty for the surviving family members ...

When you pass away, your mortgage does not disappear — the lender still needs to be repaid. If there is a will, mortgage responsibility will typically fall to the beneficiary of the home. When a ...

Republic Financial, a Morris Industries company, is excited to announce it has added SLP Financial, a growing provider of insurance solutions with a focus on final expense, mortgage protection, ...

When a homeowner dies, what happens to their property is typically decided by a will or through probate proceedings. However, there is additional complexity involved when a home isn't paid off and ...

The time had finally arrived—my husband and I had saved enough for a home down payment and we were off to the bank to get approved for our first mortgage. Talking to the loan officer we discussed term ...