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AGENT LICENSE ID
M11002757
BROKERAGE LICENSE ID
10317
Corina Murphy Mortgage Broker

Corina Murphy

Mortgage Broker


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Address:
1179 King St W, Suite 210, Toronto, Ontario

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Who Needs Mortgage Protection?

9/26/2016

Who needs mortgage protection?


Everyone!

If your mortgage is not protected, you will lose your home if a key breadwinner dies or becomes disabled.

Now, "protection" may not always mean having insurance. 

It simply means that there must be ample resources - from somewhere - to ensure your mortgage will not go into default, or your home won't have to be sold.

What's the other main form of protection?

 

W E A L T H

In other words, even in the event of a death or disability, a family still has enough liquid assets to cover the mortgage obligation.

Not very many mortgage borrowers fall into that category.

So, it might be easy to agree that every mortgage needs protection. 
But why choose Mortgage Protection Plan?

 

http://www.mortgageprotectionplan.ca/Page.php?Title=Who_Needs_Mortgage_Protection

 

 

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