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Alternative Mortgage Insurance
Think outside the box and look beyond typical mortgage insurance coverage. For a similar price you can get much more.
Stop paying for insurance that only covers your mortgage.
While mortgage insurance only covers the balance of your mortgage, for a similar price, other insurances can provide coverage for more debts that just a mortgage, ensuring that your loved ones are protected financially in the event of your passing. Additionally, and more importantly, your loved ones get control instead of the bank, on how the proceeds of the policy are used.
Here are the main reasons to think beyond mortgage insurance:
Similar costs, greater coverage.
Discretion over how death proceeds are used.
Give family control over what gets priority on payout.
You own the policy, not the bank.
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