06 Oct How To Protect One of Your Most Valuable Assets
In this article I explain the real facts that can save you money and protect one of your most valuable assets – your HOME.
When you purchase mortgage insurance through a bank do you really know what you are buying? I’ll explain the differences between purchasing mortgage insurance through your Bank/Financial Institution or through an Insurance Advisor like myself.
Here are the facts:
DO YOU OWN THE POLICY?
IS THE MORTGAGE INSURANCE PORTABLE?
DO I CHOOSE THE BENEFICIARY?
IS FULL MEDICAL DISCLOSURE DONE AT THE TIME OF APPLICATION?
DO NON-SMOKERS AND FEMALES PAY LESS?
CAN I CONTINUE THE COVERAGE IF MY MORTGAGE IS PAID OFF?
DOES YOUR DEATH BENEFIT STAY THE SAME?
Check this out…a must see!
CBC Marketplace does an investigation on two families who bought coverage through their banks only to have their claims denied. www.cbc.ca/marketplace/in_denial/
WHICH PROTECTION WOULD YOU RATHER HAVE? If you have additional questions, contact me at [email protected].