Proper Mortgage Insurance
Buying a house may well be the largest purchase you will ever make. BUT it's more than just a house, it's your home. That's why it makes sense to protect it. When you protect your home with unique mortgage protection, you are protecting your lifestyle and your peace of mind.
When you were offered mortgage insurance by your bank or mortgage broker, did you quickly say YES? * Well you're not alone... about 90% of people do! BUT, just because it's quick and convenient, is it really your best option? More and more homeowners are realizing that it's worthwhile to stop and process a few important questions like:
- Can you pick the beneficiary?
- Is it convertible?
- Can you keep it if you move?
- Do you actually own the policy and are you in control?
- Are there discounts for healthy individuals?
- Is it actually fully underwritten and guaranteed when payments begin?
*You'll be surprised how many long-term NO's are hidden behind that quick and convenient YES!See CBC Marketplace : In Denial - Mortgage Insurance Canada