Mortgage Life Insurance

Buying a first home? You've probably worked hard to save the down payment, and you're budgeting carefully to make those mortgage payments.

Whether you're buying a home or renewing your existing mortgage, there's something you need to consider. What happens to your family’s dreams if you should die? Would your family be able to stay in their home?

At London Life, we don't insure your mortgage. We insure you. After all, you're the one making those mortgage payments.

Through a personal life insurance policy, you can plan to meet more of your family's needs in the event of death—including living in that dream home.

We can customize our life insurance products to meet all your financial security planning goals. Here's a closer look at what a personal life insurance policy offers that most lending institutions don't.

• You can take the coverage with you if you change lending institutions
• You own the policy, not the lender
• Funds will be available to your family when they are needed most
• Your beneficiary can determine how the funds will be used, not the lender
• Coverage is not reduced by a declining mortgage balance
• Protection continues after you pay off your mortgage

A personal life insurance policy from London Life gives you affordable, flexible coverage that you control, something traditional mortgage life insurance just can't provide.

Contact a financial security advisor associated with Freedom 55 Financial and ask about getting all of your personal and mortgage life insurance protection under one roof.