Mind
Mortgage life insurance offers
crucial protection for homeowners
and their families BY JESSEY CAMARA
Peace
of
32 | winter 2017 cmba-achc.ca CMB MAGAZINE
mortgageprotection
For many Canadians, a home purchase is the largest financial
transaction they will ever make, and Mortgage Creditor
Insurance should be an important part of a mortgagee's
financial plan. Should unexpected events occur, it can provide
peace of mind to individuals and families. In some cases,
mortgage life insurance may be the largest life insurance
coverage available to a client. In the event of death, mortgage
creditor insurance can pay off mortgage debt; in the event of
disability, it can help cover monthly mortgage payments.
