Loan & Mortgage Insurance
- Financial Security
- Peace of Mind
- Competitive Rates
As much as we would like, there are just no guarantees in life. Mortgage
and Loan Insurance is essentially replacement income. It allows you
to provide for your family when you are no longer able and gives you
peace of mind - your debt is taken care of should anything happen
to you.
You can choose Life and Disability Insurance for your Mortgage and
Loan. You only pay for coverage during the time of your debt. Once
the Mortgage or Loan is paid, your debt is gone so your insurance
policy ends too. Monthly premiums are applied to your loan or mortgage
balance, in case of your disability and extinguishes the debt in the
event of your death*. In either case, this product is just what your
family needs to help protect their financial security during an unstable
time.
It's easy to apply for this valuable protection. Simply ask a FirstOntario
Member Consultant about Monthly Premium Credit Life & Disability Insurance.
A few minutes of your time today could help secure your family's financial
future. Learn more about the importance of insurance protection in
your overall financial planning by checking out the Learning Centre
on the left.
*subject to the policy provision