Once you’re approved for a mortgage, your lender will offer you mortgage insurance. While this seems convenient, there are other, better options available.
Instead, I recommend protecting your mortgage with an individually owned, term life insurance plan as this offers you and your family better guarantees and more choice. Let’s take a look at the differences between protecting your mortgage using life insurance versus most lenders’ mortgage insurance:
As you can see, term insurance provides greater value and flexibility at, in most cases, a substantially lower cost. If you have mortgage insurance through your lender, we should talk. I’ve helped hundreds of families save money and ensure they’re protecting their loved ones and not the bank.
Contact me today and let’s make sure you and your family are taken care of.
Kristi Ames, CFP
Investment Funds Advisor, Manulife Securities Investment Services Inc.
Insurance Advisor, Capri Wealth Management Inc.
Office 250.860.7144 | Direct 250.869.3825 | mailto:[email protected]