Mortgage protection protects you and your family from having an extra financial burden after losing a loved one. It can also provide coverage if you got sick or hurt and couldn’t work.
I have sent you the PDF to your email but all the information is here as well.
If you want to speak with me directly to learn how to save money on your mortgage insurance over a call you can click the green button to get started!
Underwriting is the process that the insurance company determines if you qualify for the insurance.
CBC Marketplace dedicated an episode to mortgage insurance, in which they interviewed two families who shared their unfortunate experience with POST-CLAIM UNDERWRITING.
Click the video for it to play.
How long until you believe your mortgage insurance will be paid off?
25-year mortgage amortization = 25-year Term Insurance
Note: You may need more than just your mortgage like other debt, final expenses, and leaving a legacy but this is a direct comparison for just the mortgage insurance.
How much you will need to pay off your mortgage?
If you owe $500,000 on your mortgage you need 500,000 of insurance