A brief about Mortgage Payment Protection Insurance

by roddick » Mon May 01, 2006 06:48 am
Posts: 956
Joined: 05 Oct 2005

Mortgage Payment Protection Insurance is a form of insurance that enables you to pay for your mortgage even when you have lost your job or become disabled. This is a current limited social security support for the mortage payers who are going through a hard time. Although the main objective of this form of protection would be to cover from some potential problems but it would also cover all the mortgage payments. This form of insurance was earlier known as the Accident, Sickness and Unemployment insurance (ASU).

Total Comments: 2

Posted: Thu Dec 27, 2007 06:06 pm Post Subject:

do you know where one can find anymore information on this type of insurance, will your mortgage company have information or is this something that you have to obtain on your own, I would really be interested in some more information on this if you can dig it up roddick or anyone else who may know more about this?

Posted: Mon Dec 31, 2007 05:44 am Post Subject:

I would like to have the insurance that pays a mortgage off if a spouse dies. They used to enroll a person automatically in this, if you wanted it .Now I think you have to go out and get it on your own. We have no such insurance on our home like this ,that is scary!

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