Most individual disability insurance policies will insure your for a fixed monthly amount
This amount probably covers your monthly mortgage payments, but doesn’t account for any changes in your mortgage interest rate.
Mortgage Protection Plan provides mortgage interest rate insurance
Your monthly mortgage payments will be covered up to $10,000 per month no matter what they were when you applied, giving you insurance against interest rate increases.
Protecting you against mortgage interest rate increases is how we take care of your family
