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A mortgage protection plan is an insurance policy on your mortgage that kicks in under certain circumstances and for a temporary period of time to help avoid a default. It would cover you in the case of a serious illness, disability, job loss, etc.

You should look for reviews of the program online, check with your local better business bureau for any complaints, call your lender for a list of carriers they approve and contact your state attorney general consumer division. You could also check out plans from well known, reputable companies.

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11y ago

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