Achieve your immediate and future financial goals for you and your children.
Our Plan | Traditional Plan | |
---|---|---|
Flexibility | Structure your plan to meet your needs | The mortgage determines the structure |
Choice | You choose your beneficiary | The mortgage holder is the beneficiary |
Security | The death benefit goes to your family, they choose how to use it | The death benefit automatically goes to the mortgage holder |
Protection | The death benefit does not decrease | The death benefit generally decreases with the outstanding mortgage debt |
Portability | You can take your plan with you when you sell your home or refinance | A traditional mortgage plan is generally tied to a specific mortgage |
Cash Value | If you choose a universal life policy, your plan can build cash value for the future | Traditional mortgage plans do not build any future value |
Living Benefits | Riders can provide access to your death benefit in the event of a terminal, chronic or critical illness | NO Living Benefits |
Optional Riders | Optional riders can provide benefits in case of disability or unemployment | No disability or unemployment benefits |