White House Down is directed by Roland Emmerich and based on a screenplay by James Vanderbilt, who is also one of the film's producers. Sony Pictures purchased Vanderbilt's spec script in March 2012 for $3 million, in what The Hollywood Reporter called one of the biggest spec sales in quite a while.
mortgage protection policy noun [C]. âº an âagreement to make âregular âpayments to an âinsurance âcompany, who will âpay the âamount that you âowe on a âmortgage if you are unable to âpay it.(Definition of mortgage protection policy from the Cambridge Business English Dictionary Â© Cambridge University Press). Browse.1  mortgage lending. an âagreement to make âregular âpayments to an âinsurance âcompany, who will âpay the âamount that you âowe on a âmortgage if you are unable to âpay it. (Definition of mortgage protection policy from the Cambridge Business English Dictionary Â© Cambridge University Press).
Mortgage protection insurance is a life insurance policy designed to pay off your mortgage if you die during the term. It runs for the same length of time as your mortgage.So, if you take out a mortgage over 20 years, your mortgage protection insurance must also be in place for 20 years. If you die, your insurance company pays the policy benefit directly to your mortgage lender.enerally, mortgage protection is designed to pay off your mortgage if you die, not to provide a cash sum to your dependants (unless you get a â level-term policy'). So, you will usually need separate life insurance to provide for a cash lump sum if you have a dependant family.