MPPI
noun[U]
INSURANCEukusabbreviationforMortgage Payment ProtectionInsurance: atypeofinsurancethat willpaytheamountofmoneyyouoweon amortgage(= aloantobuyahouse)if you areunabletopayit:
MPPIpaysyourmortgagefor up to ayearifyourearningssufferas aresultofillness.