More Flexible Mortgage Insurance than at the Bank!
When it comes to personal debt, a mortgage and any outstanding loans are financial hazards. That's why most lenders insist that you have insurance.
Your home is often your biggest investment. If something tragic should happen to you, it could also become your biggest debt. Mortgage lenders usually require you to purchase insurance guaranteeing repayment of your mortgage loan in the event of your death.
By using a life insurance policy for mortgage protection instead of one offered by the mortgage lendor, you are not restricted to the exact amount of the mortgage, you own the policy not the lendor, and it goes with you to cover your next mortgage.
Your family will have the funds needed to pay off the balance of your loan plus help cover any other outstanding expenses. Depending on the life insurance plan, you can choose from a variety of options including additional income at retirement.
Although you may have already taken out mortgage insurance through your bank, you'll probably be pleasantly surprised by the rates offered at Carson & Weeks.
In most instances, we can offer you mortgage insurance rates that are better than those offered by the banks. And we have a broader range of flexible options.
