Will you be covered by your mortgage insurance?

Mortgage Insurance

 

Mortgage Insurance. Most people have it. But do you know exactly what you have? Who receives the proceeds? And the most important question…will it pay out?

Some of the benefits of purchasing mortgage insurance through an independent insurance advisor:

The cost and amount of coverage stays the same

Monthly costs are lower for applicants in fair or better health especially, if you don’t smoke

The death benefit is paid directly to the beneficiaries, not the lender

Coverage can be extended past the length of the mortgage

It’s fully portable to the next home you purchase