mortgage protection policy
- mortgage protection policy
A life insurance policy that pays off your mortgage if you were to die during the mortgage term. Financial Services Glossary
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mortgage protection policy UK US noun [C] UK (US mortgage policy) INSURANCE
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Financial and business terms.
2012.
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policy — pol‧i‧cy [ˈpɒlsi ǁ ˈpɑː ] noun plural policies 1. [countable] also inˈsurance ˌpolicy INSURANCE a contract with an insurance company, or an official written statement giving all the details of such a contract: • She did not realize that her… … Financial and business terms
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