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With mortgage protection insurance you pay a premium, which remains the same for the duration of the policy. If you die during that time, the insurance pays off the rest of your mortgage.

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and many of them used private mortgage insurance (MI) to realize their homeownership dream.

Q My husband and I have just increased our mortgage to £200,000 and our mortgage advisor is recommending that I take out either income protection insurance or life insurance. ... Mortgage calculator

Mortgage Payment Protection is backed by the experience of an "Excellent" rated insurance company, by A.M. Best.

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