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What is mortgage protection insurance?
	If for some reason you are unable to meet your mortgage obligations, mortgage protection insurance will cover your repayments and ensure that you don’t lose your house to the debt collector. Policies vary quite significantly. Some only protect you if you are prevented from working due to an accident, sickness or injury. Others are more comprehensive, providing financial assistance if you become involuntarily unemployed. Most policies will pay out your entire mortgage in the case of death or permanent disability.

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