Mortgage Payment Insurance What's it all about?

When you ( medical insurance ) take out a mortgage you're making a long-term commitment to

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make the monthly repayments for the duration of the mortgage. That will be over many years but you're making that commitment without knowing what's going to ( medical insurance ) happen during that time. That's a big risk. Mortgage Payment Protection Insurance is one of a range of insurances that includes life insurance and critical illness insurance, which you can take out to reduce that risk.

The purpose of Mortgage Payment Protection Insurance (MPPI) is to ensure that ( unsecured loans ) your mortgage repayments will continue to be paid if you're off work for an extended period due to accident, sickness or ( mortgage quotes ) unemployment.

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Statutory Wealth Warning:
Your home may be repossessed if you do not keep up your repayments on a mortgage or any debt secured on it.