Mortgage protection

Mortgage insurance is a form of protection that you can purchase as a mortgage borrower. It is used to repay a mortgage loan in whole or in part if you die or become disabled. The proceeds from the insurance are used to repay the mortgage loan only.

Mortgage protection

Consilium Financial Services will help you calculate the amount of protection you need and ensure that it does not decrease as you repay the mortgage. This means that additional funds will be available when your family needs them most. Your beneficiaries will then be able to choose how to use the funds: to repay the mortgage in full or in part, to establish a monthly income or to meet a more pressing need. They will decide, not your lender.

How can we help you?

Contact one of our advisors today.