What is mortgage insurance?
Help protect your loved ones, your home and your savings in case something happens to you.
If you’re buying a home, there’s a lot to think about. A mortgage is a long-term obligation to pay back the money you’ve borrowed – and a lot of things can happen over the years. Mortgage insurance, sometimes referred to as “mortgage life insurance,” is an insurance that pays for your mortgage if you cannot do it due to death, disability, or critical illness.It is a simple, convenient and affordable way to protect your family’s future.
Why choose mortgage life insurance?
If something happens to you while you are paying off your mortgage, your lender still expects to be paid back that loan, regardless of the circumstances.
A mortgage is a long-term obligation to pay back the money you’ve borrowed – and a lot of things can happen over the years. Whether you’re single, married or living common law, and whether you’re with or without children, it’s important to protect yourself and the ones you love. . To do this, your family, loved ones, or estate are expected to come up with that cash by dipping into their savings, or selling the property to settle the mortgage loan.
Benefits of mortgage insurance
Getting a mortgage without mortgage insurance is a risky decision. Mortgage insurance is affordable and there are many benefits.
Your mortgage insurance will bring you more than just security and peace of mind. This kind of insurance coverage, while being both flexible and affordable, will also bring you important benefits such as: owning the contract and choosing your beneficiaries, your premium is fixed and guaranteed, and you can convert your mortgage insurance to permanent life insurance if needed.
What is mortgage insurance?
Help protect your loved ones, your home and your savings in case something happens to you.
If you’re buying a home, there’s a lot to think about. A mortgage is a long-term obligation to pay back the money you’ve borrowed – and a lot of things can happen over the years. Mortgage insurance, sometimes referred to as “mortgage life insurance,” is an insurance that pays for your mortgage if you cannot do it due to death, disability, or critical illness.It is a simple, convenient and affordable way to protect your family’s future.
Why choose mortgage life insurance?
If something happens to you while you are paying off your mortgage, your lender still expects to be paid back that loan, regardless of the circumstances.
A mortgage is a long-term obligation to pay back the money you’ve borrowed – and a lot of things can happen over the years. Whether you’re single, married or living common law, and whether you’re with or without children, it’s important to protect yourself and the ones you love. . To do this, your family, loved ones, or estate are expected to come up with that cash by dipping into their savings, or selling the property to settle the mortgage loan.
Benefits of mortgage insurance
Getting a mortgage without mortgage insurance is a risky decision. Mortgage insurance is affordable and there are many benefits.
Your mortgage insurance will bring you more than just security and peace of mind. This kind of insurance coverage, while being both flexible and affordable, will also bring you important benefits such as: owning the contract and choosing your beneficiaries, your premium is fixed and guaranteed, and you can convert your mortgage insurance to permanent life insurance if needed.
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(647) 972-6641
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Ajax, Ontario L1S 6B3
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