10 Reasons to say "No!" to a Bank's Mortgage Life Insurance

• Non-smokers pay the same rates as smokers. Healthy people pay the same as unhealthy
• The premiums are not guaranteed the lender can change your rates anytime
• The coverage is not guaranteed
• You cannot name your own beneficiary the lender is the beneficiary
• You pay a level premium for a decreasing benefit once the mortgage is paid off you have no more insurance
• You do not own your policy
• If you switch banks/lenders for a better rate, you loose your insurance policy
• You cannot alter, renew or convert the coverage
• You cannot convert you're your coverage into permanent insurance without a medical
• You are not dealing with an insurance expert the mortgage lender's employees are not licensed insurance brokers

• Not all mortgage life insurance is created equal. I will get you the best coverage at the best price.
• I do not charge any fees for my services - I am paid directly by the insurance companies I work with.
• The "mortgage insurance" offered by mortgage lenders and banks is one of the most dangerous financial products available.

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Where to find us

We are flexible in where we meet our clients. If you prefer to meet at the office, location details are below. We are happy to meet with you in your own home or office. Evening appointments are available to all clients.

Potvin Financial Services

• 117 Centerpointe Drive, Suite 208 Ottawa, ON K2G 5X3
• 613-224-6561
• info@potvinfinancial.com