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Vigilis
Mortgage Life Insurance

Six good reasons to insure your mortgage
with a personal life insurance policy

  1. Coverage is almost always less expensive than the mortgage life insurance offered by your financial institution.
  2. The death benefit is not paid to the financial institution but to your named beneficiaries, who may then use the amount as they see fit.
  3. You can choose a protection level that best meets your needs, be it lower than, equal to or even greater than the mortgage amount.
  1. You can maintain coverage after you pay off the mortgage.
  2. The insured amount is fixed, whereas, in conventional mortgage insurance, the amount decreases along with the mortgage balance, even though your premiums remain the same!
  3. Coverage is portable, i.e. there is no need to present proof of insurability should you transfer the mortgage to a new financial institution.

Contact your Vigilis expert to find out how little it would cost under the plan designed exclusively for members.