Mortgage Insurance
Now that you have an additional liability, it will be good to do a review of your coverage and maybe consider some mortgage insurance. We cant emphasize how crucial this is with all the new government regulations like the Seller Stamp Duty and TDSR rulings.
Let me just share a quick story on this, I know of a friend’s friend who bought a house last year and passed away in a car accident. The family could not take over the bank loan because of TDSR and were forced to sell by the bank. However, they couldn’t even sell the place as SSD needs to be paid in cash upfront. (16%). If they have had adequate coverage, the family wouldn’t be put in that situation.
Let us run through your existing policies and see if it is adequate. This is to ensure that you do not end up buying something you do not need. At the same time, we can show you the details and the platform that we use as well.
Now that you have an additional liability, it will be good to do a review of your coverage and maybe consider some mortgage insurance. We cant emphasize how crucial this is with all the new government regulations like the Seller Stamp Duty and TDSR rulings.
Let me just share a quick story on this, I know of a friends friend who bought a house last year and passed away in a car accident. The family could not take over the bank loan because of TDSR and were forced to sell by the bank. However, they couldn’t even sell the place as SSD needs to be paid in cash upfront. (16%). If they have had adequate coverage, the family wouldn’t be put in that situation.
Let us run through your existing policies and see if it is adequate. This is to ensure that you do not end up buying something you do not need. At the same time, we can show you the details and the platform that we use as well.
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We compare and provide the quotes at NO CHARGES!
We work with IFAs, Banks and Agencies to provide you the LOWEST quotation.
This is because we believe that you deserve to know the different options available before making the decision for yourself and your love ones.
We will also keep you updated on discounts and promotions from each insurance company.
What Home Loan Whiz Consultants Can Do For You
We definitely can help you to save your Precious time!
We will assign a dedicated financial planner to process your request, and provide you with all the quotes.
We will prepare the quotes, answer the questions you have and ultimately help you to submit your application.
We ensure that you get the best offer from the insurance company.
Why waste your time talking to insurance agents from one insurance company to another