I WOULD LIKE TO:
Mortgage Life Insurance
Mortgage Life Insurance is an insurance policy on the home owner that will pay off the mortgage or the portion of the mortgage that is insured should they pass away. Mortgage Life Insurance protects the family from having to possibly sell the home. Mortgage Disability Insurance protects the policy holder during a time where they become insured or sick and are unable to work to pay their mortgage payments. Policies will vary by insurer. There are several insurers who offer Mortgage Life Insurance and some lenders who offer an in house insurance product. It is important to look into the terms of the policy as some insurers will allow you to port the insurance to another property or lender at your original rate while some will not. Mortgage consultants will go over the terms and benefits with you during your mortgage consultation.
I WOULD LIKE TO:
Licensed Sub Mortgage Broker with Dominion Lending Centres
Integrity Mortgage BC, © Copyright, Dominion Lending Centres Inc.
Each Office Independently Owned and Operated
Mortgage Life Insurance
Mortgage Life Insurance is an insurance policy on the home owner that will pay off the mortgage or the portion of the mortgage that is insured should they pass away. Mortgage Life Insurance protects the family from having to possibly sell the home. Mortgage Disability Insurance protects the policy holder during a time where they become insured or sick and are unable to work to pay their mortgage payments. Policies will vary by insurer. There are several insurers who offer Mortgage Life Insurance and some lenders who offer an in house insurance product. It is important to look into the terms of the policy as some insurers will allow you to port the insurance to another property or lender at your original rate while some will not. Mortgage consultants will go over the terms and benefits with you during your mortgage consultation.
