Mortgage Protection: How to Buy the Best Mortgage Insurance for Your Home
A mortgage protection policy helps to protect you from the financial consequences of an event, such as disability or death that can prevent you from paying your mortgage on time every month. While it’s essential to have some type of mortgage protection in place, many people don’t know how to buy the best mortgage protection […]
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Why go for Mortgage Insurance? Here are the benefits
Buying a new home is definitely one of the key investments you will ever make. You have worked hard for this and have found your dream home. You have even purchased home insurance to cover your legal and property liabilities. Now, all that is left to do is to unpack your boxes and settle in […]
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Should you take a Mortgage Insurance or not?
Don’t put your dependents through financial hardships of a mortgage if something happens to you. Mortgage Insurance can take care of them for you! Mortgages can put undue stress on spouses and dependents left behind in case of death or disability. Mortgage Protection Insurance gives peace of mind knowing they’re protected when they need it […]
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Term Life Insurance Vs. Mortgage Insurance – Why Term Life Insurance Is The Better Choice?
Whether it is your first mortgage or renewing an existing one, it is always sensible to have some form of life insurance to ensure your mortgage gets paid off in time, should you or your significant other passes away. As far as your insurance decision is concerned, you typically have two options – Mortgage Insurance […]
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Why choose an individual insurance plan for your mortgage?
As far as mortgage protection is concerned, the default option that comes to mind is to go with the one suggested by the lender. After all, what could be easier than accepting the insurance offered by the same institution financing the purchase of your dream home? But, is it always the best option? Remember, there […]
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Self-owned vs. Bank-owned Mortgage Insurance [Presentation]
If you are thinking of buying insurance from your bank to cover your mortgage, you need to understand the difference between self-owned mortgage insurance and bank-owned insurance. The key differences are ownership, premium, coverage, beneficiaries and portability. Here’s everything you need to know. Contact our financial advisors to know more about the best mortgage […]
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