Mortgage Protection Offers Short-Term Monthly Cover

Mortgage protection, or mortgage payment protection insurance (MPPI), is part of an umbrella of short-term work related insurance products under an umbrella known as payment protection insurance (PPI). Also known as ASU coverage, the insurance provides short-term job loss protection due to accident, sickness, or unemployment. People can opt to choose coverage for all three of these events, but many customers opt for the unemployment protection, as they rely on other work related insurance for sickness and accidents.