Support your dear ones, your house and your savings with life and Disability Insurance for your mortgage.
Around 75% of households in Canada state that they have a difficulty in paying off their routine expenses if their primary breadwinner passes away. It needn’t be that way. Mortgage life insurance is easy, comfortable and affordable choice to secure your family after your lifetime with coverage that pays the mortgage debts.
Benefits
Leave behind a legacy, i.e. a tax-free for your loved ones
Build tax-deferred or potentially tax-free assets
Protect the key players of your business
Use partner/ shareholder buy-outs
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Secure your family, your home and your savings if you are not able to work. About one in three people in Canada could probably be disabled for 90 days or above prior to 65 years of age. If you face that situation, will you have trouble paying your mortgage? Most of us would, which is the significance of mortgage Disability Insurance. If you are completely disabled for above 60 days, it will cover your routine mortgage payments so that you can concentrate on your health.