Mortgage insurance or decreasing term life insurance is a way of ensuring that your outstanding mortgage will be covered in the event of your death.
Getting a mortgage is a significant commitment. The last thing you would want your family to think about if you weren’t there is how to keep a roof over their heads.
Decreasing term insurance reduces to match your mortgage as you get older, which means lower premiums and a tailored yet affordable life insurance option. (Talk to our Advisors about Mortgage Protection)