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Mortgage Protection Insurance Costs are not as easy to adjust as the costs of other insurance policies. There are no deductibles to raise, no limits to lower, and no coinsurance costs to consider. If your Mortgage Protection Insurance Costs are high due to a hobby or occupation that you take part in, then one way to lower them is to allow any death caused by participation in that hobby or work to be excluded from receiving benefits.
This is not a good option for everyone looking for insurance. Excluding an activity that has a high likelihood of resulting in death could put your family in a dangerous financial position. But if you have other ways to cover a death during this activity, like with an accidental death policy, a small non-medically underwritten policy, or a group policy through work, then it could be a good alternative.