Mortgage Insurance
When you buy a home, you are usually making the largest purchase of your life. This is also the time when you need to do some planning around how to protect you and your loved ones with the right insurance.
If you want to protect your family with life or critical illness insurance, make sure it’s with an individual policy and not through the bank. Here’s why:
- The right to choose your own beneficiary; with bank insurance, the bank is the beneficiary.
- Coverage is portable and you are the owner. If you move, your insurance moves with you, and there's no need to reapply.
- Lock in your rates with guaranteed pricing and coverage. With a plan through the bank, your coverage and rates may not be guaranteed.
By shopping the marketplace, we provide you with the most cost effective options available and can often save our clients up to 30% over their bank insurance with individual life, disability and critical illness coverage.
Contact Optimal Benefits today for more information on insurance options to cover your mortgage and we will be happy to get together with you to perform a complimentary review and quotes.