Mortgage protection insurance exists to pay off or pay down your mortgage in the event of your death. This insurance is important for many homeowners, as having it usually means that your surviving family can continue to live in your home even if the primary income source that was used to make payments is no longer available.

While it may be an odd concept, we are not promised tomorrow. Making sure that you leave a backup plan for your loved ones is as important as being with them every day supporting them and cherishing every moment together. These plans are luckily not always put to work, but it’s important to have all your fronts covered in case of a tragedy.