Mortgage protection insurance is an insurance policy that pays off the remainder of your mortgage if you pass away or if you become disabled and can't work.

Individuals who may consider MPI

Those concerned about their loved ones' ability to handle the mortgage after their passing: If your family relies heavily on your income to make mortgage payments, or you want to prevent them from being burdened with the debt, MPI can provide peace of mind.

Individuals who may not qualify for traditional life insurance: MPI often doesn't require a medical exam or extensive underwriting, making it a viable option for those with pre-existing health conditions or in high-risk professions who might struggle to get approved for standard life insurance, or might face high premiums.

Those who prioritize paying off the mortgage above other financial considerations for their beneficiaries: MPI is designed to pay the mortgage loan upon the policyholder's death, ensuring the house is taken care of. 

Mortgage protection does offer optional riders to provide coverage for disability and specified critical illnesses.

To apply for life insurance, you can contact a Visible Financial Group insurance agent or visit our website to get a quote and start the application process. It typically involves providing personal and medical information, and may require a medical exam before making a decision.