Mortgage Life Insurance

Approximately 60% of Canadians that have a mortgage through a Canadian bank have mortgage life insurance. When you sign up for your mortgage, it's easy. Simply check "yes" to add the coverage. But how many of you actually shopped that coverage to see if you were getting the best rate or that there might be a better coverage option for you.

Here's an example of how much you could save:

• A 35 year old male with $250,000 of mortgage insurance:
• What you would pay at a leading Canadian bank = $421.20 per year
• What you could pay with one of our products = $187.50

Annual savings = $203.70 (48% savings)


More reasons to replace your Mortgage Life Insurance:

	MORTGAGE INSURANCE	LIFE INSURANCE
1	Only covers the outstanding mortgage balance.	The benefit is paid directly to yourbeneficiary.
2	Your premiums stay level but your benefit decreases.	Your coverage does not decrease.
3	If you go to another bank, you may lose your coverage and may not qualify for new coverage.	Your coverage stays in place as long as you pay your premiums…regardless of what happens to your mortgage.

The Highlights:

• Save money by replacing your mortgage life insurance.
• Get better coverage.
• 10 day Money-Back Guarantee.

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