Before buying insurance from your bank to cover your mortgage, please consider your options. What does the insurance cover?  

• From the bank: only the balance of your mortgage
• From us: whatever you need it to cover such as debts, line of credit

What happens as my mortgage balance decreases? 

• From the bank: the coverage amount decreases as your balance decreases.
• From us: the coverage stays the same for as long as you own your policy

What if I switch banks?  

• From the bank: You might lose your coverage and need to reapply
• From us: Your coverage stays the same, since it’s not tied to your mortgage

Who gets the benefit if I die? 

• From the bank: The Bank
• From us: You decide who gets the insurance and how to use it, such as to pay your mortgage, medical expenses or child’s education- whatever is best for your family

Talk to us, we can help.