Mortgage Blog

Honesty-Integrity-Commitment-Professionalism

12 things you should know about disability insurance

May 30, 2023 | Posted by: Kiruban Kana

12 things you should know about disability insurance
1️⃣ Disability isn't just physical: Disability claims also cover mental illness, though people often think primarily of disability as a physical issue. ????????

2️⃣ Protection is affordable: Our Total Disability protection is an affordable choice for protecting your home and your credit. ????????

3️⃣ Covers mortgage payments when your client can't: It is designed to cover your client's mortgage payments in the event of a disability claim, helping to avoid the stress of falling behind on payments. ????????️

4️⃣ Premiums won't change: The premiums on disability coverage remain the same for the lifetime of the policy. ????????

5️⃣ Can be combined with other insurance: Clients are free to have both MPP Disability and another disability insurance plan, like an individual policy or employee benefit. MPP Disability has no negative impact on any existing or future disability coverage. ????????

6️⃣ Standalone option: It is available on a standalone basis – it doesn't have to be combined with life insurance. ????❤️

7️⃣ Coverage moves with your clients: It's portable, wherever they go, house to house or lender to lender. ????????

8️⃣ Up to two years of coverage: It can provide coverage up to $10,000 per month for a maximum of 24 consecutive months. ????????

9️⃣ Bonus payment: Manulife will make a bonus disability payment once the client returns to work, if they haven't used all 24 benefit payments. ????????

???? All occupations can be covered: Regardless of your client's occupation, they can be covered with disability insurance. ????‍⚕️????‍????

1️⃣1️⃣ No limit to claims: There is no limit to the number of different disability claims a client can apply for. If someone uses their 24 months for one disability and then they suffer a different disability, they're eligible for another 24 months. ♾️????

1️⃣2️⃣ No financial review: MPP Disability insurance doesn't require income verification or financial review. Your clients can apply for MPP Disability because this insurance is based on their mortgage, not their income. ????????

Choose MPP Disability insurance for comprehensive coverage that includes mental illness, affordability, and flexibility. Protect your home, your credit, and your peace of mind. Contact us today! ????????????️ #DisabilityInsurance #MortgageProtection #FinancialSecurity

???? www.CoffeeandMortgage.ca ????

We are here to help!

Kiruban Kana - Top 5% in Canada 
Ex-Banker | Vice President & Mortgage Agent Level 1
C: 416-219-4820 | kiruban@coffeeandMortgage.ca

Coffeeandmortgage.ca

https://ovou.me/coffeeandmortgage

#coffeeandmortgage #mortgagebroker
#homeownership #realestate
#homebuying #coffeelover
#mortgagelife #househunting
#mortgageadvisor #mortgageexpert #homebuyingtips #realestateadvice
#coffeeholic #mortgagebrokerlife
#homeownershipgoals #mortgagebroker
#mortgagelife #mortgagerates
#mortgageadvisor #mortgagesolutions
#mortgagebrokerontario #mortgagetips
#mortgageexpert #homeloans
#homeownership #homebuying
#realestate #canadianmortgages
#mortgageagent #mortgageprofessional
#investmentproperty #OntarioMortgageBroker #MortgageAdviceOntario #HomeOwnershipGoals #MortgageSolutionsON #OntarioRealEstateFinancing

Back to Main Blog Page