Mortgage Protection Insurance

Buying a house for your family is one of the best decisions you might ever make. It provides you with security and peace of mind. However, if you go for a loan without making all the necessary calculations, you might be in heavy debt and have a frustrating financial crisis. A mortgage protection insurance policy (MPI) is a type of insurance that helps your family or loved ones cover your mortgage in unforeseen circumstances—when you are disabled and can no longer work to pay for your mortgage or in the event of your death.

Mortgage protection insurance helps your family make monthly mortgage payments when the policyholder dies or, in some cases, is disabled before the payment is completed. Some mortgage protection insurance can also cover your payment if you lose your job.

Our insurance company offers mortgage protection insurance, like life insurance, and the policyholder pays a premium each month. If this premium is paid, your coverage will be preserved. When you purchase an MPI premium, the policy’s beneficiary isn’t your family but the mortgage company. Your family members won’t be getting any payment or lump sum after your death.

Akawini Capital Insurance has your best interest in mind. We want to protect your family members and your home. Our policy terms are flexible, and the policy we tailor for our clients is affordable. We want to give you peace of mind and allow your family and loved ones to live in the dream house you’ve all desired to own. If you want insurance to cover other expenses, you can request a quote from us. Call us today, and we will provide you with the information needed to enroll in an insurance policy.