When you buy a home, you’re probably going to encounter some unfamiliar and potentially confusing acronyms such as PMI, MIP, and MPI. The last of these, MPI, stands for mortgage protection insurance, ...

Not to be confused with private mortgage insurance (PMI), mortgage protection insurance (MPI) helps cover your mortgage payment if you die or become disabled and can't work. MPI is similar to life ...

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

Text Callout : Key Takeaways - Mortgage Protection Insurance: What Is It and Should You Get It? Mortgage protection insurance can be an attractive option for homeowners looking to protect their ...

Mortgage protection insurance can be an attractive option for homeowners looking to protect their investment and keep family members from financial troubles. This type of insurance policy covers your ...

In a perfect world, all homebuyers would have the cash to pay at least 20% down on their home purchases. In the real world, it can be tough to scrape together a fraction of that amount. Mortgage ...

Mortgage protection insurance can be an attractive option for homeowners looking to protect their investment and keep family members from financial troubles. This type of insurance policy covers your ...

One of the biggest financial commitments you can make in life is the purchase of a home. But have you stopped to think about how your family could continue making mortgage payments if you or your ...

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 ...

Meredith Dietz is Lifehacker’s Senior Staff Writer. She earned her bachelor’s degree in English and Communications from Northeastern University, where she graduated as valedictorian of her college.

Mortgage protection insurance pays your remaining mortgage balance if you die. Getting mortgage protection insurance can help protect your beneficiaries and dependents from the burden of having to ...