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Credit Protection for Residential Mortgages
Right for you if you want:
Credit Protection for Residential Mortgages not only safeguards your family from Mortgage debt, but also protects them from having to change the way they live at a time when they need comfort and stability.
Give yourself and your family the financial comfort and peace of mind of a paid-off home with Credit Protection for Residential Mortgages. With Credit Protection, the principal and interest remaining on your Mortgage will be paid off, up to the policy maximum so your loved ones aren't burdened by Mortgage payments and can maintain the lifestyle they have now.
can pay off your outstanding Mortgage loan account balance up to the policy maximum if you die. Rest assured that your family will be protected no matter what happens.
can pay off your outstanding Mortgage loan account balance up to the policy maximum if you are diagnosed with a heart attack, stroke, cancer, or suffer the loss of limbs or sight in both eyes due to an accident or illness.
are determined by your
- age,
- coverage choices
- Mortgage loan account balance on the date of application.
The younger you are, the less you pay.
Combine Health Crisis Protection with Credit Life Protection and you'll enjoy comprehensive coverage plus a 20% discount on your premiums.
If your co-borrower also applies for coverage, you'll enjoy even greater savings.
Credit Protection for Residential Mortgages not only safeguards your family from Mortgage debt, but also protects them from having to change the way they live at a time when they need comfort and stability.
Give yourself and your family the financial comfort and peace of mind of a paid-off home with Credit Protection for Residential Mortgages. With Credit Protection, the principal and interest remaining on your Mortgage will be paid off, up to the policy maximum so your loved ones aren't burdened by Mortgage payments and can maintain the lifestyle they have now.
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A note from the insurers:
In this section, we have attempted to explain clearly and briefly the coverage available under this plan.