There’s an alternative to mortgage insurance
It’s become routine. Secure a mortgage with any lending institution and most likely you’ll be asked to buy a life or critical illness insurance policy, or both, to protect your mortgage.
What the lender is really asking you to do is protect their company. The coverage is designed as creditor protection and the benefits would be used only to pay off any remaining mortgage balance – no matter what other needs you may have.
Manulife’s Synergy, an innovative approach to life, critical illness and disability insurance can provide you with a value-added mortgage protection solution.
If you’re looking to protect your mortgage, it pays to compare.
Simply dial 416-835-8805 for details.
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