 TITLE: What is Mortgage Protection Insurance? CONTENT: How to Decide Whether You Need Mortgage Protection Insurance\n------------------------------------------------------------\nYou're not required to purchase mortgage protection insurance—it's up to you to decide if this coverage is a worthwhile investment.\nA policy may make sense if your finances aren't in tip-top shape and you don't have enough life insurance to cover the mortgage payments or pay off the loan if you pass away. However, you may not need mortgage protection insurance if you have a life insurance policy that can pay off the loan, cover your final expenses and replace your income for a set period. It also may not be a smart financial move if, on top of having adequate life insurance, you have job security and are in good health.\nIf you're undecided, consult with insurance professionals to learn more about your options and decide if mortgage protection insurance is a good fit for you, or if another type of coverage makes more sense. END