ARMSTRONG-MCCREADY INC
640 Bord du Lac
Bureau 100
Dorval, Québec
H9S 2B6
Tel: 514-636-5351; Fax: 514-636-8268
info@armstrongmccready.ca
MORTGAGE LIFE INSURANCE
This exhibit is based on a 200,000 Joint Life Insurance Plan for a male & female aged 33.
LEADING BANK
LEADING LIFE INSURANCE COMPANY
Annual Premium
$296.00
There is no tax charged
FEATURES OF PLAN
- Insurance is paid to the beneficiary named in the policy.
- Not dependant on where mortgage is.
- Insurance is non-cancellable by Insurance Company
and the rates are guaranteed
- Only time to show proof of insurability is at inception
or when coverage increases
- Insurance can be converted to permanent insurance
- Personalized service to implement mortgage insurance
with family's insurance portfolio
Annual Premium
$475.20
Plus 9% tax - $517.97
FEATURES OF PLAN
- Insurance is paid to the bank
- Mortgage must be with the bank
- Insurance ceases when you renegotiate mortgage, sell home or at bank's discretion
- New application required if mortgage moved, refinanced, etc.
As independant brokers, we survey the leading markets to arrange the best possible coverage at the lowest possible cost.
To request a quotation or to arrange a consultation, simply give us a call.