Helping to Protect the Mortgage of Your First Home
Just moved into your first home? Congratulations!
Just about to make the big purchase? Well, congratulations in advance!
Home ownership is a big step. But it’s an exciting and momentous one.
Of course, first-time homebuyer or not, you’ll want to help protect your new house, which typically means getting new locks, installing an alarm system or purchasing an overly friendly “guard dog” who likes to sleep against the front door, making entry extra hard, even with a key! And those are all important things to consider. But something you may not have considered is helping to protect your mortgage as well.
The good thing is that, with TD Mortgage Credit Protection, you can get coverage for one of your biggest financial obligations.
Think of it this way. Insuring your home is really just another way to help protect your family or loved ones. You’ve worked hard for your new home and you probably want to help ensure you can stay in it for as long as you want…regardless of whether it’s your starter or forever home.
If you already know what credit protection is, that’s great. Keep reading!
And if you don’t, that’s okay because we’re about to break it all down for you.
In the unfortunate event that something happens to you that’s included with your coverage, like a covered serious injury, death or critical illness, credit protection can step in to reduce or pay off the remainder of your mortgage.1 And if your claim is approved, that means your mortgage payment obligation could be lifted from your (and your family’s) shoulders and could help you feel confident your loved ones can remain in the family home.
It’s a heavy subject, we know. But there’s a special kind of confidence that can come with knowing your family home has protection.
TD Mortgage Credit Protection helps homeowners protect their financial well-being by offering coverage solutions with the combination of TD Mortgage Life Insurance and the extended coverage of TD Mortgage Critical Illness.2
Suffered a covered loss due to an accident?
Afflicted by a critical illness, like stroke, life-threatening cancer or an acute heart attack?
Even in the unfortunate event you pass away, your family could be insured in each of those situations because TD Insurance would step in to pay up to $1,000,000 off the outstanding balance on your TD mortgage.
Want to learn more about TD Mortgage Credit Protection and how it can help benefit you and your family? Give us a call at
Rather meet with us in person? We’d love to see you, so click here to find a branch near you.
You can also learn more by visiting our Mortgage Credit Protection page.