Is mortgage protection insurance worth it?
Mortgage protection life insurance is designed to continue paying your family's mortgage payments if you die.
Life insurance is the ultimate financial safety net. No matter what your plans and goals in life — saving for retirement, paying off your student loan debt, putting your kids through college without them racking up their own debt — life insurance allows your family to reach those goals in the event that you die.
If you are a home owner, it is important to do all you can to protect your home and your family if an accidental death prevents you from paying your mortgage. Mortgage Protection Insurance from can provide an accidental death and dismemberment insurance policy that gives your family security in their home for just a fraction of your monthly mortgage payment.
Mortgage Protection Option Plan
Our Mortgage Protection Option Plan is designed to cover your mortgage against the possibility of death, and also a whole range of serious illnesses and even total permanent disability.
AGF Financial provides financial solutions and services to help today’s families achieve financial security and make a lasting difference in their lives and communities.
What is the Mortgage Protection Option Plan?
For many of us, a mortgage is the biggest financial commitment we’ll ever make. While home ownership is an exciting milestone, it can also be a stressful and expensive experience.
Most people take the time to insure their possessions, such as their car, their home and its contents. But it is also important to protect your mortgage.
No one likes to think about dying or becoming critically ill but it is an important consideration when taking out a mortgage or increasing an existing mortgage.
While it’s impossible to avoid the emotional distress of death or critical illness, you can help prevent financial turmoil by planning ahead.
Questions to consider:
Would your family be able to make mortgage payments in the event of your death?
Even if you’re not earning, how would your family cope financially without you?
How would you cover your mortgage payments if you were suffering from a critical Illness?
Ready to speak with a life insurance specialist?