Advisor for all your insurance & Investment needs
Take control of your Mortgage Insurance coverage
and pay your mortgage off sooner than later.
Mortgage Insurance with your bank or lender is not mandatory, you can apply at anytime without any penalties or fees. You don't have to wait for renewal time of your mortgage to start saving.
You can save up to 40 % on your monthly mortgage insurance premiums by switching.
We will review your current bank mortgage insurance plan with you in person or over the phone for FREE.
Control your Mortgage Insurance Premium.
Your home is one of the biggest investments you will ever make. However, insuring your mortgage in case of death doesn’t have to be a large monthly expense.
With help from me, you will be able to reduce your mortgage insurance premium up to 40%. See how our plans compare to your current coverage with your bank or lender.
You will be surprised on what you can control and what you can't. All the more reasons to change.
Also keep in mind that the included disability rider that is included with banks mortgage protection insurance will only cover you, if you BECOME TOTAL DISABLED IN ANY OCCUPATION. Meaning that if you can not work in any occupation the bank insurance coverage will cover your mortgage monthly payment for 2 years only.
We can design a detailed disability injury / illness coverage plan to meet your occupation 24 hours per day 7 days per week with guaranteed injury coverage that will pay you up to age 65 if you become total disabled in any occupation.
Mortgage Life insurance Vs. Bank or Lender coverage
Personal Mortgage Life Insurance
If you Change Bank or Lender
BEST- Value for You and your Family.
Did you know....
that by purchasing a Universal Life Plan you can pay off your mortgage soon than later?
Here's how.. by trading in your current "Term" or Mortgage Insurance bank or lender placed plans and replacing it with a Universal Life Plan with me you can eliminate years off your mortgage?
You can save years and interest over the term of your mortgage, putting more money back to where it belongs in your pocket or into your retirement.
See the example on my "Tips" page and see if it makes sense to you, give me a call and let me show you how.
Bank or Lender Mortgage Credit Protection
☒ Premium not guaranteed, renews every 5 years
☒ Benefits drop when you make a mortgage payment
☒ Bank or lender is the beneficiary upon death
☒ Underwritten at time of death
☒ Only mortgage amount owing to the bank or lender
If you Change Bank or Lender
☒ You must reapply and answer health questionnaire
☒ Convert to permanent plan - Not available
Better for the bank / Lender.
or request below for your online quote.
No Medical Required*
*up to $ 1M in coverage with immediate underwriting, no assessments.
Request an Online Quote and you can save up to 40 %
More Reasons to Switch....
More Flexibility: Unlike regular life insurance, where beneficiaries may use insurance payouts as they see fit, most mortgage protection insurers send benefit payments directly to the bank or lenders, so your beneficiaries never see any money.
Lower Premiums: If you’re a healthy individual who has never smoked tobacco, The bank or lender coverage is usually costlier than regular life insurance and underwriting is usually at time of death or claim.
Guaranteed Premiums: Term policies, which charge fixed premiums for up-to 30 years, with no surprise premium increases, premiums with the bank or lender policies might only be fixed for the first 5 years, after which time they could increase on your 5 year renewal depending on age and mortgage amount owing.