Mortgage Protection Insurance is also
be known as Mortgage Life Insurance or Mortgage Payment Protection
Insurance.
With the majority of Mortgages you
will need insurance which guarantees that, in the event of your
death or the death of your partner, your mortgage loan will be
repaid in full leaving no continuing debt for the estate.
Usually the mortgage provider is
referred to in the insurance policy documents as the
beneficiary in the event of a payout.
