Tony Chau
Mortgage Agent
FSCO Lic # M09000861
Direct: 647.219.1697
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Life Insure Your Mortgage
Mortgage Life Insurance (Creditor Life Insuracnce) is designed to protect your family from the
financial burden of paying off your mortgage in the event that something
should happen to you.It is a life insurance policy that pays
the balance of your mortgage to the lending institution if a person
listed on the mortgage is unable to make mortgage payments.
So where should I get my Mortgage LIfe Insurance ? Well, you can get
it either from your bank or from an insurance company.
But be aware that there are differences between Mortgage Life
Insurances offered by a banks or trust companies and Mortgage
Life Insurances offered by a life insurance company.
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