Protects you & your family whereas the Bank Mortgage Insurance protects the bank.

Choice of amount of life insurance coverage and face amount does not decrease as the mortgage is reduced whereas with the Bank, the mortgage amount and coverage decreases but premium stays the same!

To achieve financial security for your family, life insurance can give you the peace of mind that your loved ones will be cared for due to loss of life or critical illness.

You can protect yourself and your family and buy the insurance coverage that best suits your lifestyle.

Term Insurance
Provides protection for a fixed period of time and benefits are only paid upon death.

At a younger age this is a very attractive way of insuring when the need for protection is greatest and the premiums can be low.

Permanent Insurance
Provides lifetime protection as long as the premiums are paid and up to-date.

The policy accumulates a cash value and hence enables you to borrow against this value.

The policy is owned and controlled by you not the bank. Even if you change banks no need to buy new insurance for your mortgage; therefore gives you flexibility to change banks.