Our expertise. Your way.

Personal financial strategies that are unique.

Research that makes a difference.

There is a difference between an account and an individual.

Informed decisions create financial strategies.

We work hard every day to be worthy of your trust

Change is opportunity.

Make your money work as hard as you do.

Building wealth is simple but not easy.

Life Insurance vs. Mortgage Insurance

Sometimes finding the right type of insurance to match your financial objectives can be stressful. A few important differences to note between life insurance and mortgage insurance:

- Life insurance is underwritten at the time of application, whereas mortgage insurance is underwritten at the time of claim.

- The death benefit on life insurance does not lose value, whereas the death benefit on mortgage insurance declines as the mortgage is reduced.

- You may choose your beneficiary on a life insurance policy. On a mortgage insurance policy, the beneficiary is always the lender.

These insurance policies both intend to serve the same purpose, but the differences are important to consider. If you have any questions about your current insurance policies, we’re happy to schedule an appointment to chat with you! Call us at 250-595-1616.