There are many benefits of our Mortgage Insurance Plan which your financial Institution doesn’t provide.
Unlike mortgage Insurance issued by your financial institution we offer insurance plan that pays directly to you, not to your lender.
In Bank issued Mortgage Insurance Death benefit is paid directly to Mortgage provider (Financial institution), whereas In our plan Death benefit is paid directly to the beneficiaries.
In Bank issued Mortgage Insurance rates do not decrease but coverage does as you pay your mortgage, whereas in our plan cost of coverage & amount of coverage stays same.
Your financial institution Mortgage Insurance pays directly to the lending financial institution in case if home owner dies.
In Bank issued Mortgage Insurance Death benefit goes directly to the lender, whereas in our plan Death benefits can be used for any purpose as benefits are paid directly to the beneficiaries.
When you change your home or refinance your home you may have to end up buying costlier policy from bank whereas with our Insurance Plan, it will stay with you irrespective of how many homes you change.
Bank issued mortgage insurance ends once your mortgage gets paid of, whereas in our plans your plan remain active till the term selected and will cover your family and loved ones.