Mortgage payment protection insurance, popularly known as mortgage
protection, is a type of insurance that is highly in demand in the
United Kingdom. Sometimes it is referred to as MPPI. It is a way of
ensuring your mortgage lender that your monthly mortgage repayment will
be made even if you fail due to reasons like unemployment, sickness,
accident etc. A mortgage protection is generally sold by the company
that arranges your mortgage when you buy a property.