Help safeguard your family’s security
Choosing to buy a home may be the single most crucial decision you will ever make. It will serve as a stable and safe place to raise your family as well as an important long term asset. However, what would happen if you were to suffer a serious illness, accidental injury or death? Would your family be able to continue to make mortgage payments in spite of the resulting temporary or even permanent loss of income? It makes sense to do all you can to protect yourself and your loved ones from the financial hardship that could result from unforeseen tragedies.
Bridgewater Bank is pleased to make available mortgage life insurance and mortgage disability insurance to eligible borrowers at competitive rates through the Credit Security Plan* (available on mortgages up to $1,000,000). This coverage is specifically designed to fit your mortgage. You’ll have peace of mind knowing that it’s protected during times of crisis. You can apply for mortgage life insurance, mortgage disability insurance – or for maximum protection – you can apply for both types of insurance.
This insurance is optional and the application process is quick and simple. If you qualify, you can add it to your mortgage at any time and can also cancel it at any time. If you decide to cancel it during the first 60 days, the premiums you have paid will be refunded.
Don’t delay – act today
To learn more about the Credit Security Plan, contact us.
* The Credit Security Plan is an insurance program designed to provide life insurance and disability protection to the customers of Bridgewater Bank. The Plan is underwritten by The Manufacturers Life Insurance Company (the “Insurer”) and administered and managed by Benesure Canada Inc. and its appointed agents. Defined terms and complete details of all benefits, exclusions and limitations that may apply are included in the Certificate of Insurance and accompanying booklet.