For Mortgage Life Insurance: http://mylifeinsuranceforelderly.com/mortgage-protection-insurance/

Mortgage insurance plan coverage is an insurance plan taken out on the life of the homeowner who has obtained the mortgage.

This mortgage insurance plan coverage is aimed at paying any outstanding mortgage debt upon the death of the insured. To protect their investments, many companies provide mortgage insurance plan coverage in association with an insurance plan provider.

This mortgage insurance plan coverage ensures that the balance mortgage is comes from the insurance plan provider in the event of death of the borrower.

Check this video:
https://www.youtube.com/watch?v=ZX33AeC5HH8