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MORTGAGE PROTECTION INSURANCE:
Mortgage Insurance at its Best
Looking for a house to buy is not a challenge you take lightly. You have no doubt already figured out what you need in terms of space, number of rooms, style, neighbourhood, and state of repair…The purchase of a house is an important financial decision, and it is definitely a smart idea to protect the biggest investment of your life.
The objective of our Mortgage Protection Insurance coverage is to enable you to avoid leaving a significant debt for your surviving spouse and children. This plan enables your loved ones to keep the house and all the benefits associated with it, rather than having to sell up, in the event of your death prior to repayment of the mortgage loan.
Mortgage Protection Insurance is, first and foremost, life insurance coverage that enables you to pay all or part of your mortgage loan balance. |
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Features of our Mortgage Protection Insurance |
- You are the owner of your individual mortgage insurance, unlike group coverage offered
by most financial institutions.
- Protection from interest rate increases, since the premiums are level and they’re guaranteed for the entire term of coverage.
- The ability to select individual or joint life insurance depending on your personal situation. This way, you can benefit from a significant reduction in the premium amount.
- The advantage of keeping your insurance, even if you refinance your loan or change lending institutions. Your coverage remains in effect.
- An opportunity to convert your mortgage insurance to regular life insurance without
having to answer any health questions.
- Freedom to appoint your own beneficiary rather than your financial institution.
- Freedom for your heirs to use the benefits to repay your loan or to meet more pressing needs. That’s because the insurance benefit is paid to the beneficiary, rather than to
your lending institution.
- Benefits that cover your mortgage payments in the event of disability or critical illness.
- You chose your home sweet home very carefully. With the Mortgage Protection Insurance, you can enjoy your home with full peace of mind while protecting the biggest investment of your life. What are you waiting for? Start filling your home with good things and happy memories!
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Welcome to Canada Insurance Plan, Napanee’s Loan For Bad Credit . Canada Insurance Plan Life Insurance Rates service brings clients in Napanee, who need good competitive life insurance rates, together with insurance companies who offer insurance quotes in Napanee ON. Life insurance rates are currently available in Napanee the Internet. Here you would have a good access to all quotes, rates of policies from good insurance companies, best brokers, dedicated agents who devote best of their knowledge in insurance for Canadians.
Bad Loans. The lenders of such loans are not concerned with individuals past credit history as long as the present employment details empower them to be able to repay the loan on time. People with bad credit scores who usually are found to be unsuitable borrowers, can easily avail of these cash advance loans. Once a lender is satisfied on this account, approval on the loan is a sure shot thing.
Bad credit becomes irrelevant if the person has and is ready to keep some asset as collateral. The main idea behind the refusal to the people with bad credit is that they fear that the default will be repeated.
Home loan with bad credit is a way of improving affordability, but they also open the door to creditor harassment in the event of further financial difficulties. If poor credit and personal debt is a problem, see if an unsecured loan from Prosper or the best debt solution can help before proceeding.With a collateral to back the personal loan, the lender is assured that the loan would not be defaulted. The borrower knows that he will have to lose the asset, generally home, if he defaults on the loan.
New home loan if it means the difference of having a down payment. The interest rate could be quite a bit better because of that factor. However, if you don't want to have a down payment, you can always refinance later for a lower interest rate.
Reasons for Bad or Poor Credit
Reasons for a bad or poor credit record could range from failing to fulfill repayment obligations in time, having bankruptcy, or facing litigation from previous dues or repossession of cars purchased in the past. The first step conducted by car loan financing institutions is the credit history of the loan applicant. If the past record is found unsatisfactory, the application is most likely rejected.
* Paying a usury rate of interest on an unsecured loan is safer, but more costly. The rate is usually upwards of 50% due to the risk of loan default.
* Providing the lender with collateral means that a lower rate is charged for borrowing money. It also means that the family home is at risk if payments aren't made. |
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Licensed from:Financial Service Commission of Ontario |
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Norman & Cindy, London ON |
William & Dorothy, Sarnia ON |
Richard & Shelly, Toronto ON |
Peter, Brampton ON |
"Kept us completely informed on each step while waiting approval." |
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"I had been turned down time after time.....Life Insurance Advisors got a policy for me at preferred rates...Thanks" |
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"Your service was outstanding, you kept us in the loop throughout the entire process. You made shopping for life insurance a breeze. Thank you so much!" |
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"Mike, Thanks for being so professional. You have provided me the life insurance at the right value without any hassle. Thanks." |
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We serve all of Ontario including: Acton, Ajax, Almonte, Amherstberg, Ancaster, Aurora, Barrie, Beamsville, Belleville, Bolton, Bracebridge, Bradford, Brampton, Brant, Brantford, Brighton, Brockville, Burlington, Cambridge, Cayuga, Chatham, Churchill, Clarence, Clarington, Cobourg, Collingwood, Cornwall, Essex, Fort Erie, Georgetown, Goderich, Gravenhurst, Guelph, Grimsby, Gwillimbury, Haldimand, Hamilton, Hawkesbury, Huntsville, Ingersoll, Kenora, Keswick, Kingston, Kingsville, Kitchener, LaSalle, Lincoln, Lindsay, Listowel, London, Milton, Markham, Midland, Mississauga, Napanee, Newmarket, New Alliston, Niagara Falls, Niagara on the Lake, North Bay, Norfolk, Oakville, Orangeville, Orillia, Oshawa, Ottawa, Owen Sound, Paris, Parry Sound, Pelham, Pembroke, Petawawa, Peterborough, Pickering, Picton, Port (Pt.) Colborne, Port Dover, Port Elgin, Richmond Hill, Sault Ste. Marie, Sarnia, Scarborough, Simcoe, Stoney Creek, Stratford, Strathroy, St. Catharines, Stouffville, St. Thomas, St. Mary’s, Sudbury, Tecumseh, Thornhill, Tillsonburg, Timmins, Thorold, Thunder Bay, Toronto, Trenton, Vaughan, Vineland, Wasaga Beach, Waterloo, Welland, Whitby, Windsor, Woodbridge, and Woodstock. |
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