DID YOU JUST SAY "YES"? |
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| When your bank offered you mortgage insurance on your bank mortgage. - Over 90% do! | |
Do you think that with such an easy 'tacked on' sale, the banks are giving you anything close to the best value?
Recall the pressure to sign up for it.
Newly offered bundled Life, Critical Illness and Disability Package.
Save up to 30% on your insurance with this unique Mortgage Insurance Bundle. Choose from up to:
- $2,500 per month of disability coverage
- $125,000 of Critical Illness coverage
- $500,000 or more of traditional life insurance coverage
Please click here to learn more about this exceptional new bundled life, disability and Critical illness policy which is underwritten by one of Canada's largest insurance companies.
Click here to complete a form requesting a call to discus it.
Otherwise, please fill in your information below for a traditional life insurance quote.
COMPARE THE DIFFERENCE:
Bank Mortgage Insurance |
Term Life Mortgage Insurance |
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| No discounts on premiums for healthy people. | Discounts on your premium if you are a healthy person with a healthy family history - (Very significant savings for older people.) | ||
| The older you are the more expensive premiums are - in comparison to a personal policy. | Over 15 companies competing for your business - get the best rates available based on your health situation. | ||
| Group Policy - NO Control | YOU are in complete control | ||
| Policy is owned by bank | Policy is owned by YOU | ||
| Policy may be cancelled by bank | Policy can only be cancelled by YOU | ||
| NON transferable | Fully transferable | ||
| NOT convertible | Fully convertible (life portion) | ||
| Premiums NOT guaranteed | Premiums fully guaranteed | ||
| VOID if mortgage in default | Insured even if mortgage is in default | ||
| LAPSES if property is sold or if you move your mortgage to another bank | Portable - your insurance can move with you | ||
| NOT guaranteed renewable at mortgage renewal date | Automatically renewable to age 75 |
