Mortgage Insurance

THE IMPORTANCE OF PROTECTING YOUR INVESTMENT WITH A MORTGAGE INSURANCE

Do you recognize yourself in the statement? “I want to protect myself and my family. Is there a mortgage insurance through which the balance of my loan or payments would be paid?

When unexpected happens, many Quebecers are not able to make payments on their mortgage or their running costs, or to pay their debts. This is where a mortgage insurance, or loan insurance can be beneficial.

It is important to protect against the possibility of illness or disability and adverse effects that these could lead to your money entrance. Mortgage insurance is one of the best protections against this type of situation. Indeed, it has several advantages, and ensures peace of mind for you and your loved ones.

Benefits and Features

  • The amount of protection, calculated based on the loan does not decrease with the balance.
  • Mortgage insurance is in force as long as necessary, even if your mortgage is paid.
  • You do not have to ask about the cost or your future insurability. You can convert your term insurance to permanent insurance.
  • In case of death, the amount of coverage is given directly to the beneficiary, not the financial institution.
  • The latter can use this amount throughout your estate.
  • Premiums are level and guaranteed for the entire predetermined length of protection.
  • You can add a critical illness and disability protection to reflect the overall risk.

Our financial security advisors know the fingertips various mortgage insurance products available on the market. They will help you find your way, and contract police that suits you best. Contact us to schedule an appointment with one of our experts!