What is mortgage protection? It is a simplified, quick issue insurance that is used to protect our client's most meaningful asset. Mortgage protection plans are designed to provide a death benefit to pay off all, or a portion of, a client's mortgage. It can also be used to protect only the mortgage payment for a designated amount of time. Optional riders are available in most states, such as disability income and return of premium, which refunds all, or part of, the premium paid if the policy is unused. This product, offered by many of our carriers, can be customized to fit each client's needs and budget.