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Private Mortgage Insurance (PMI) safeguards the lender when a borrower puts down less than 20% of a home's purchase price, while Mortgage Protection Insurance (MPI) protects you, the borrower and your family by covering mortgage payments in case of death, disability, or unemployment.
Advantages of Mortgage Protection Insurance (MPI)
Financial Security
MPI ensures that mortgage payments are covered in the event of the policyholder's death, disability, or involuntary unemployment, offering peace of mind and financial stability for the borrower and their family.
Protection of Assets
By covering mortgage payments, MPI helps prevent the risk of foreclosure and loss of the home, preserving the borrower's investment and assets.
Flexibility
MPI policies often offer flexibility in coverage options, allowing borrowers to tailor the insurance to their specific needs and circumstances.
Ease of Qualification
Compared to other types of insurance, MPI typically has simpler underwriting requirements, making it accessible to a wider range of borrowers, including those with pre-existing health conditions or occupations deemed high-risk.
Custom Coverages & No Medical Exams
No Medical Exam Required
Many MPI policies do not require a medical exam for approval, making it easier for individuals to obtain coverage regardless of their health status.
Coverage Tailored to Individual Needs
MPI policies often offer customizable coverage options, allowing borrowers to tailor their insurance to their specific financial circumstances and needs, such as selecting coverage amounts and duration that align with their mortgage obligations and family situation.
Affordability Is A Priority
Secure your peace of mind with our affordable Mortgage Protection Insurance (MPI) plans, starting at just $20 per month. Enjoy the assurance of knowing your mortgage payments are covered without breaking the bank. Explore our flexible options and get started today.
Discover what our clients say about their experiences with us and how we've helped them with their Mortgage Protection Insurance (MPI) goals. Learn why our clients choose us time and time again.
Sarah H.
"Choosing Mortgage Protection from The Ryan Agency was a game-changer for my family. We were worried about what would happen to our home if something unexpected occurred. With affordable premiums and comprehensive coverage, we now have peace of mind knowing that our mortgage payments are secure, no matter what life throws our way. Thank you Justin for providing such a valuable service!" - Sarah H.
David M.
"I can't recommend Mortgage Protection from The Ryan Agency enough. As a single parent, the thought of not being able to provide for my children in the event of unforeseen circumstances kept me up at night. But with their affordable monthly premiums and hassle-free application process, I now have the reassurance that my family's home is protected. It's truly been a weight off my shoulders."
- David M.
Greg A.
"I'm so glad I found The Ryan Agencies Mortgage Protection solution. The peace of mind it provides is priceless. From the easy application process to the affordable monthly premiums, everything was straightforward and transparent. Now, I can focus on enjoying my home knowing that my mortgage payments are covered, rain or shine. Thank you Justin, for offering such a valuable service!"
- Greg A.
Transparency Is A Priority
At The Ryan Agency, transparency is at the core of everything we do. We believe in providing our clients with clear, honest information about Mortgage Protection Insurance (MPI) options. With us, you'll find no hidden fees or surprises – just straightforward coverage options and pricing.
We're committed to ensuring that you understand exactly what you're getting with your MPI policy, so you can make informed decisions to protect your home and loved ones. Trust us to prioritize transparency every step of the way.