Request a personalized insurance quote online >Asset Protection - Protecting your Assets!
At Navigators Insurance our key responsibility is minimizing risk to your assets. What are the two other key protections we recommend?
Buy Mortgage Insurance for yourself, not for the bank.
Policies offered by lenders provide payouts to them, can be changed or cancelled and are not transferable to another lending institution or another mortgage.
Lender policies are not automatically in force! Insurability is verified only at time of death - denials of benefit payments can result from clerical errors and omissions by bank employees.
Bank policies only cover the declining balance of the mortgage, and the lender is not required to give you a copy of the policy, owned by them.
When true Mortgage Insurance is purchased though a Navigators broker, you own the policy - only you can alter or cancel it. It is transferable to any mortgage or institution. Payouts are to you!
A Navigators policy is convertible to other coverage if you suffer a health problem. Premiums are fully guaranteed and you pay no additional H.S.T.
To make sure you are not buying the wrong coverage for the wrong beneficiaries, speak to a mortgage insurance specialist at Navigators, or get a quote