Protect your mortgage and your family with borrower’s insurance.
Also known as credit insurance, borrower’s insurance will protect you and your family if something happens to change your circumstances.
There’s no law requiring you to take out this kind of insurance, but it is highly recommended. Banks may refuse to give you a loan without borrower’s insurance.
Here’s what your Simply Move Concierge recommends:
Borrower’s insurance is often based on a highly detailed health questionnaire. Any omission or false declaration may void your contract.