KEY DIFFERENCES BETWEEN
PREMIER & THE BANKS
Owned & controlled by you not the bank
Lower Cost (Save thousands)
Expense Underwritten at application rather than at death
Can be declined
Separate from mortgage allows you to shop for options vs. being tied to mortgage rates
You choose the limit and term. Make it equal to your mortgage value and term 30 day grace period for missed payments whereas missed payments can mean no coverage with the bank
Coverage is convertible to other insurance
Is your Mortgage Protection Insurance protecting the BANK or your FAMILY?