Posted by on Jan 2, 2001 in Mortgage | 0 comments

MORTGAGE PROTECTION PLAN:
Mortgage Insurance at its Best
Looking for a house to buy is not a challenge you take lightly. You have no doubt already figured out what you need in terms of space, number of rooms, style, neighbourhood, and state of repairThe purchase of a house is an important financial decision, and it is definitely a smart idea to protect the biggest investment of your life.
The objective of our Mortgage Protection Plan coverage is to enable you to avoid leaving a significant debt for your surviving spouse and children. This plan enables your loved ones to keep the house and all the benefits associated with it, rather than having to sell up, in the event of your death prior to mortgage broker grand prairie repayment of the mortgage loan.
Mortgage Protection Plan is, first and foremost, life insurance coverage that enables you to pay all or part of your mortgage loan balance.
Features of our Mortgage Protection Plan
You are the owner of your individual mortgage insurance, unlike group coverage offered
by most financial institutions.
Protection from interest rate increases, since the premiums are level and they’re guaranteed for the entire term of coverage.
The ability to select individual or joint life insurance depending on your personal situation. This way, you can benefit from a significant reduction in the premium amount.
The advantage of keeping your insurance, even if you refinance your loan or change lending institutions. Your coverage remains in effect.
An opportunity to convert your mortgage insurance to regular life insurance without
having to answer any health questions.
Freedom to appoint your own beneficiary rather than your financial institution.
Freedom for your heirs to use the benefits to repay your loan or to meet more pressing needs. That’s because the insurance benefit is paid to the beneficiary, rather than to
your lending institution.
Benefits that cover your mortgage payments in the event of disability or critical illness.
You chose your home sweet home very carefully. With the Mortgage Protection Plan, you can enjoy your home with full peace of mind while protecting the biggest investment of your life. What are you waiting for? Start filling your home with good things and happy memories
For more information For information on:Acton Mortgage Life Insurance Quotes
For more information on insurance products clickCanada Insurance Plan

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