The worst insurance sold by Banks: Mortgage Insurance …Get rid of it

July 28, 2013 at 6:21 pm 1 comment

245TIP OF THE WEEK:

MORTGAGE INSURANCE WITH THE BANKS IS A BAD DEAL

HERE’S WHY….

 THE DISADVANTAGES OF DEALING WITH BANKS OR CREDIT UNIONS:

  • The benefit ( YOUR MORTGAGE AMOUNT) is decreasing every year but the premium stays the same WOW great deal for the banks !
  • You can’t name a beneficiary, the bank is the Lender.
  • You can’t transfer your mortgage insurance protection when you move or change institutions.
  • Premiums are not Guaranteed; if interest rates go up, your insurance will as well.
  • Premiums established according to group of borrowers not the client.

    THE ADVANTAGES OF TERM LIFE  WITH  INSURANCE COMPANIES:

  • The benefit ( YOUR MORTGAGE AMOUNT) stays the same ALWAYS
  • Guaranteed and fixed premiums.
  • You can name a beneficiary
  • Transferable protection when you move or change institutions.
  • Premiums established according to each client rather than a group and cost less than mortgage insurance

CONTACT www. ottawabroker.com and and get a FREE QUOTE NOW !

 

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1 Comment Add your own

  • 1. dhc deep cleansing oil recipe  |  September 19, 2013 at 9:37 pm

    Hello, I check your new stuff liuke every week.

    Your wwriting style is witty, keep doing wyat you’re doing!

    Like

    Reply

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