Why Mortgage Insurance May not be the Best Option

mortgage insuranceDid you know that most mortgages are approved on the condition of purchasing life insurance? Now did you know mortgage insurance through the banks is not guaranteed to pay out?

There are different types of life insurance. For the same or lower cost than mortgage insurance through any bank, home buyers are able to purchase life insurance which will pay out with certainty.

Pure insurance is not the only way to secure your mortgage. Wealth generation strategies are available in combination with insurance. Put funds away today, secure your mortgage, and build a legacy all at the same time. Ask us about a wealth generation strategy which allows for a guaranteed, tax-free, creditor protected growth to your long-term investments in combination with a life insurance policy.