ANOTHER WAY TO LOOK AT 

MORTGAGE  INSURANCE

BUYING A HOME IS A DECISION OF LIFETIME
A RIGHT MORTGAGE INSURNACE PLAN CAN SAVE YOU THOUSANDS OF DOLLARS
WE CAN HELP YOU TO CHOOSE WHAT IS BEST FOR YOU

Where you can get a better deal?

MORTGAGE INSURANCE

1. Who owns the contract?
2. Who will receive the death benefit?
3.Who will receive the disability benefits?
4. Who will receive the critical illness benefits?
5. Can the  life insurance be converted  to Permanent Insurance?

 6.Will the insurance remain in force if the borrower changes the lender?

7. Can the life insurance term be exchanged for a longer term during the first 5 years without evidence of insurability?

 8.Is the premium guaranteed for the term of the contract?

 

9.Does insurance remain in force if the borrower changes financing methods or reimburses the loan? 

10. Does the insurance include coverage in the event the insured losses the employment involuntarily?

INSURER
LENDER
BANK
Policyholder
Lender
Beneficiary
Insured
Policyholder
Yes
Yes
Yes
Lender
Lender
Lender
No
No
No
Yes
Yes
Yes
No
No
No