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 ...

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

MPI can keep your home from falling into foreclosure if you die, but it may not be the best option for everyone. Many or all of the products on this page are from partners who compensate us when you ...

A life insurance payout can cover everyday living expenses as well as mortgage payments, child care and funeral costs. Many, or all, of the products featured on this page are from our advertising ...

Ever wonder what happens to your mortgage, car loan or any other debts if the unthinkable occurs? While traditional life insurance provides a general financial safety net for your loved ones, credit ...

If you have have people who rely on you financially, what would happen in the event you – and therefore your income – died ...

Life insurance is a tax-free payout that goes to your beneficiaries upon your death. Once they receive payment, many people use it to cover funeral costs, debts, and replace the deceased provider's ...

Term life insurance locks in your rate and coverage for a specific timeframe. Whole life insurance usually lasts a lifetime and includes a cash value component. Your budget, family needs and financial ...