Canadians are shocked by the affordability and flexibility of this mortgage life insurance
By Lin Ray on 2 Sep. 2024
We know that buying your dream home is one of the most important decisions you'll ever make, and it involves a change in your present and your future.
Here is when lenders take advantage to sell you mortgage insurance.
It sounds great to have protection for the most important asset you will ever buy. However, it is best not to accept this type of coverage offered by lenders as it has several disadvantages.
Your bank, not your family, pockets the payout.
The payout from mortgage protection insurance shrinks with your mortgage.
If you decide to sell your home or refinance your mortgage, you will lose coverage.
Once the mortgage is paid off, the coverage is zero.
Going without the mortgage protection insurance offered by your lender doesn't mean you have to go without coverage. Instead, you can take out the Mortgage Life Insurance created by Mortgage Insurance Group.
It is an innovative mortgage life insurance that has Canadians fascinated by its easy application process and flexibility to adapt to applicants' coverage and budget needs.
Some of the benefits of this plan include:
Instant approval
Up to $1,000,000 in coverage
No medical exam is required.
Premiums are fixed for the term length.
Coverage guaranteed to never decrease.
The plan’s benefit is entirely tax-free and is paid directly to your beneficiaries.
If you are interested in learning more, select your age.
It takes less than a minute >>
Don't wait to be insured.
Mortgage Insurance Group has made the tedious requirements of traditional insurance companies a thing of the past.
No more medical exams, meeting with agents, or filling out a mountain of paperwork to determine eligibility for coverage.
Take matters into your own hands with instant protection obtained through a few clicks online. No process delays. Just easy, simple, and transparent coverage.
Yes, I want AFFORDABLE, INSTANT coverage.
Go To Mortgage Insurance Group >
