Mortgage Payment Protection has several names, such as accident sickness unemployment insurance, PPI, MPPI. The name is not the issue here. What you must be mindful of is the terms and exclusions. Read them carefully. Shop around but by all means do get the policy. With the current economic forecast, it is best to have something to fall back on should things get difficult for a short while. Unemployment can be harsh when you have a mortgage and a family. But the stress level can be elevated significantly should you be able to get have such a policy enforced.