MORTGAG E INSURANCE. WHAT IS MORTGAGE INSURANCE ? Also known as mortgage guarantee and home- loan insurance It is an insurance policy which compensates.

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Presentation transcript:

MORTGAG E INSURANCE

WHAT IS MORTGAGE INSURANCE ? Also known as mortgage guarantee and home- loan insurance It is an insurance policy which compensates lenders or investors for losses due to the default of a mortgage loan. Mortgage insurance can be either public or private depending upon the insurer.

WHY DO I NEED MORTGAGE INSURANCE? Even though you may have life insurance, it may not be sufficient to cover your financial requirements and commitments. Your obligations may be with your family, personal loans, credit cards and mortgage debt. To shield you and your family from the unexpected mortgage payments you need a mortgage insurance.

WHY ZEN PLUS FOR MORTGAGE INSURANCE? By insuring your mortgage loan, you are one more step closer to be worry-free. Our Canadian housing mortgage insurance policies are relatively less expensive than those of the mortgage lenders. Mortgage insurance policies from Zen Plus are independent of your mortgage loan. We offer vivid insurance solutions that can shield your mortgage and you can select the right insurance plan that meets your requirements.

ADVANTAGE OF BUYING MORTGAGE INSURANCE FROM ZEN PLUS Negotiating Loan Rate To meet the emergency needs Complete reimbursement of loan in case of Critical Illness Your periodic mortgage payments will be taken care – incase of misfortunes More than everything, Peace of Mind.

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