ON, AB & NB: 1-800-240-5283   |  Rest of Canada: 1-877-615-2607   QUICK QUOTE

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November 2013

Mortgage Insurance from D.L. Deeks Insurance 

We can save you money and provide your family the protection they deserve.

You count on D.L. Deeks Insurance to insure your home. Have us also insure and protect your mortgage balance and family!  Your trusted partners at D.L. Deeks Insurance offer a full service Life and Health Insurance department, ready to work with you.

As you begin making choices about your new home or reviewing the protection you already have in place, it is good to know you also have choices when it comes to protecting your mortgage and your family's finances from the unexpected.
 
The purchase of a house is an important financial decision, and it is definitely a smart idea to protect the largest investment of your life.  The objective of our Mortgage Insurance coverage is to enable you to avoid leaving a significant debt for your surviving spouse and children. The coverage enables your loved ones to keep the house and all the benefits associated with it, rather than having to sell in the event of your death prior to repayment of the mortgage loan.

Allow the Insurance Professionals at D.L. Deeks Insurance Services to provide you with the insurance and peace of mind your family deserves.

Personally Owned Insurance Vs. Bank Insurance

 
Bank Insurance
Personal Insurance
Owner and Beneficiary
Bank is the owner and beneficiary of the insurance. You pay the premium, but the Bank receives the death benefit.
You own your coverage and name your beneficiary (i.e. Spouse). You have control of the coverage and who and how the money would be paid.
Underwriting and Claim
Basic questions upfront, full underwriting completed when a claim is submitted. Uncertainty if claim would be paid.
Fully underwritten upfront. No concern or worry about a claim being paid.
Price
A couple, both age 40, average health, non-smokers with a $300,000 Mortgage: Royal Bank1 =$102 per month TD Bank2 =$94.50 per month BMO Bank3 =$102 per month
A couple, both age 40, average health, non-smokers with a $300,000 Mortgage: Term 10 Life $300,000 each =$38.52 per month Term 20 Life $300,000 each =$64.06 per month Term Life Insurance to Age 65, $300,000 each =$84.96 per month

 

Contact us at D.L. Deeks Insurance

 

D.L. Deeks Insurance
500 - 90 Allstate Parkway
Markham, Ontario, L3R 6H3

CONTACT US

Office Hours:
Monday - Friday | 8:30am - 5:30pm

1-800-240-5283
Ontario, Alberta & New Brunswick

1-877-615-2607
Rest of Canada