709-781-0576
sean@kfservices.ca
LinkedIn
Kennedy Financial Services
  • HOME
  • ABOUT
    • ABOUT
    • SUPPLIERS
    • Privacy Policy and Websites Term of Use
  • INSURANCE
    • LIFE INSURANCE
    • MORTGAGE INSURANCE
    • DISABILITY INSURANCE
    • CRITICAL ILLNESS INSURANCE
    • LONG TERM CARE INSURANCE
    • HEALTH INSURANCE
    • Business Stages
      • Business Succession
      • Executive Benefits
      • Group Benefits
      • Group Retirement
  • RETIREMENT
    • KENNEDY Financial Roadmap
    • Retirement – Are you Prepared?
    • Safeguard your Retirement
    • SEGREGATED FUNDS
    • MUTUAL FUNDS
    • ANNUITIES
    • Life Stages
      • Mature Families
      • Preparing for Retirement
      • Retirees
  • RESOURCES
    • BLOG
    • DOCUMENTS
    • CALCULATORS
    • Get Smarter About Money
  • LOGIN
    • Investia Login
    • PPI Login
  • CONTACT

Mortgage Life Insurance

Before buying insurance from your bank to cover your mortgage, please consider your options.

What does the insurance cover?

  • From the bank: only the balance of your mortgage
  • From us: whatever you need it to cover such as debts, line of credit

What happens as my mortgage balance decreases?

  • From the bank: the coverage amount decreases as your balance decreases.
  • From us: the coverage stays the same for as long as you own your policy

What if I switch banks?

  • From the bank: You might lose your coverage and need to reapply
  • From us: Your coverage stays the same, since it’s not tied to your mortgage

Who gets the benefit if I die?

  • From the bank: The Bank
  • From us: You decide who gets the insurance and how to use it, such as to pay your mortgage, medical expenses or child’s education- whatever is best for your family

Insurance products are provided through multiple insurance carriers.

Contact Us

Sean Kennedy
Financial Advisor

70 Portugal Cove Road, Suite 202
St. John’s, NL
A1B 2M3

Tel: 709-781-0576 
Email: sean@kfservices.ca
Email: brenda@kfservices.ca

About

Sean began his career in the financial services industry in 1988 offering insurance and investment advice to both individual and business clients. Throughout these early years he worked primarily for some of Canada’s largest insurance companies and maintains these relations to this day.
Read More

Latest News

    Feed has no items.

Currency Calculator

Amount
From :
To :
© 2017 Financial Tech Tools | Financial Services Blog
body.search-results .l-content a { color: #fff; } body.search-results .l-content .w-blog-post-meta > * { color: #999; }