Mortgage protection insurance, or MPI, pays off your mortgage in the event of your death. A life insurance policy pays out a death benefit to your beneficiaries, which they can use for any purpose. If ...

To cater to different lending scenarios, CPI comes in two primary forms: dual-interest insurance and single-interest insurance. Each type offers distinct features and advantages. In dual-interest ...

Mortgage protection insurance can be an attractive option for homeowners looking to protect their investment and keep family members from financial troubles. This type of insurance policy covers your ...

This story is part of a series on financial and economic literacy funded by Ecstra Foundation. Having income protection insurance means that if you get sick or injured and can’t work, you’ll still get ...

Collateral protection insurance (CPI) is a lender-chosen safeguard when borrowers lack full coverage car insurance. CPI coverage typically focuses on physical damage, including collision and ...

Income protection insurance can offer a lifeline if you’re unable to work due to illness or injury by paying out a portion of your salary while you’re off. Our guide explains the options to help you ...

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Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

How does redundancy insurance work? If you lost your job, could you afford to pay a mortgage or rent, as well as any bills, while looking for a new role? If you're not sure, for peace of mind you ...