One of the primary benefits of a mortgage protection plan is that it provides financial protection for your loved ones in the event of your death. If you pass away during the term of the mortgage, the plan pays off the remaining balance, ensuring that your family members can continue to live in the house without the burden of mortgage payments.

Mortgage protection plans can be tailored to meet your specific needs. You have the flexibility to choose the coverage amount and duration that aligns with your mortgage and financial goals. This customization allows you to have a plan that fits your budget and provides adequate coverage for your mortgage.

Living Benefits provides financial support if you are diagnosed with a specified critical illness such as cancer, heart attack, or stroke. If you are diagnosed with a covered illness, the plan will pay a lump sum benefit that can be used to cover medical expenses, mortgage payments, or any other financial obligations you may have. This benefit can offer significant relief during a challenging time, allowing you to focus on your recovery without worrying about losing your home. Any Living Benefits claim offer can always be declined if you wish, but having options is always better than not having options, especially after a major unexpected health event.