5. What is Life and Disability Insurance?
If your job or health plan does not include a life insurance policy, or if you are not sure your current policy provides adequate coverage, Creditor Life and Disability Insurance is an absolute must to talk about with your broker or lender.
This affordable coverage protects your family in the awful event that something happens to you or the policyholder. If an untimely death should occur in your family, Creditor Life Insurance issues the amount owing on your mortgage to the lender, thus relieving your family of the financial burden of payments and ensuring they will have a home forever.
Disability Insurance supplies equally comprehensive coverage by guaranteeing monthly mortgage payments in the case of a debilitating injury or illness that may prevent you from working.
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