Your home is your most valuable asset. Give your family peace of mind knowing that if something happened to you they won't have to worry about not being able to keep the house.
Mortgage protection is a safety net that is designed to give your family a lump-sum or regular payments they can use to pay the mortgage. It can be designed to cover the value of your house and how your family can receive this money to make the payments.
A common misconception regarding this type of service is that the bank who issued your mortgage has this coverage included in your loan, called PMI (Private Mortgage Insurance). PMI covers the lender, not you, the borrower, if you stop making your payments. You are the one that pays for this coverage for the bank, it is added to your monthly mortgage payment.
Learn more today about your options for creating safety net for your loved ones. Our advisors are experienced in mortgage protection and look forward to helping you today.