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​Here’s why this solution is better than mortgage insurance offered by your bank.

  • You choose the beneficiary and they choose how to use the benefit.
  • Coverage stays, no matter where you bank.
  • Fully underwritten at time of application, no surprise at time of claim.​
  • Mortgage Insurance Vs Bank Insurance

What is Assumption Life’s Better Mortgage Insurance?

TERM LIFE INSURANCE

​This component is designed to cover temporary needs such as the repayment of a mortgage should you die.
DISABILITY INSURANCE

​This component provides a monthly benefit to cover part of your income should you become disabled.
CRITICAL ILLNESS INSURANCE

This component pays a lump sum benefit should you suffer from a critical medical condition.