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What happens to my mortgage in the event of death, disability or critical illness?

If you can no longer pay your mortgage, your co-borrower or your family will have to take over the payments. If they cannot afford to pay, they will be forced to sell the house.

This is why it’s important to protect yourself and your loved ones by taking out mortgage loan insurance. The insurance covers your insured payments in the event of disability, critical illness or death, depending on the coverage you choose.

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