Mortgages
There are many options for insuring your mortgage. Take a look at what is available before deciding on which insurance is best for you. Most lending institutions only offer insurance to cover the balance and term of your mortgage. There may be potential problems with this type of coverage if for example health becomes an issue. If your mortgage is renewable in five years and you become ill in year four you will not be able to qualify for the insurance and will not have coverage on one of your largest debts.
Sinclair Billard + Weld is a broker for London Life Mortgages. To find out more information on flexible mortgage features tailored to fit your financial plans give us a call.
