Are you paying too much for your mortgage insurance?

Insurance News:

Car Insurance
Advertise with Us
Insurance Blog
Link to Us

Informative Articles

Common Mistakes To Avoid When Purchasing Term Life Insurance
When purchasing term life insurance, there are a number of factors to consider. Consumers should make certain they understand the concept of term life insurance and make purchases accordingly. Here are a few of the most common mistake people make...

How To Lower Auto Insurance Costs
It seems these days that it costs more and more to keep your car. With most new cars in the $22,000 + range, the monthly payments can be high. The cost of gas is now over $3.00 a gallon for regular and we're in a time where a lot of people drive...

How to protect your life insurance policy while going through a divorce
Expert advice on protecting your assets in difficult times Life insurance, more than most things you buy, relates to the circumstances of your life. You buy life insurance to protect your family from financial loss stemming from your death. You tie...

Insurance for those who own Left hand drive, American or Modified Cars
Insurance refers to a contract or a �policy�, as it is often called, under which an insurer provides financial protection against losses for a person, business or an organization in exchange for a regular payment of an amount, called �premium�. ...

What Is Health Insurance?
Health insurance is simply protection of the person or group insured against financial loss from illness or injury. Can you live without it? Probably. Should you? The answer depends upon whom you ask. Like other forms of insurance, you don't need...

Are you paying too much for your mortgage insurance?

Most of us, struggling to make our mortgage payments, realize the importance of financially securing our home and our lifestyle by putting in place some life insurance. Your bank or lending institution does too! They will usually require that the loan amount be covered by life insurance to protect them in the unfortunate situation of you dying before the loan is paid.

The problem is that most of us are so excited about buying our new home, we quickly checkmark the box to indicate that we want the mortgage life insurance without checking the market to see if you are paying too much. For smokers or unhealthy individuals, this type of creditor insurance can be an excellent value. For the vast majority of us, healthy, non-smokers, will likely get a better rate by shopping the market.

As a life insurance advisor, I

can compare products from over thirty Canadian life insurance companies to get you the best value in the market place.

If you would like to see if I can save you some money on your life insurance, please send me the following information by e-mail or give me a call: mortgage owner's name, sex, birthdate, smoking status (yes/no) and the approximate amount of your outstanding mortgage/loan.

We want to help you secure your family's financial future by ensuring you have the money to keep your home and lifestyle if you die prematurely. Contact us for more information or learn more about term insurance on our website.

About the Author

Ivon T. Hughes, The Hughes Trustco Group Ltd.
Online Insurance Broker - Get a FREE Quote TODAY!
Tel: (514) 842-9001 Email: info@trustco.ca Web: http://www.hughestrustco.com

Hot Topics:

pet insurance

farmers insurance

homeowners insurance

term life insurance

cheap auto insurance

travel insurance

cheap car insurance

medical insurance

car insurance quotes

cheap insurance

motorcycle insurance