Mortgage life insurance, also known as mortgage protection insurance (MPI), is designed to pay off your mortgage when you die. Some MPI policies also offer coverage for a limited time if you lose 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 ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Mortgage insurance premiums (MIPs) are a type of insurance paid to the Federal Housing Administration (FHA) for certain mortgage loans. If you can buy a home with a Federal Housing Administration (FHA ...

Mortgage insurance is a fee you pay to your lender to cover risks associated with funding your loan. Different loan types have different kinds of mortgage insurance, which may require either upfront ...