Group Mortgage Protection

Life, Critical Illness, Disability and Loss of Employment Insurance

Group Mortgage Protection insurance is designed especially for mortgage loans. The advantage of a Group Mortgage Protection program is that it enables you to insure your loan immediately, pending your answers to a few health questions. It is easier and often less costly for you.

Life Insurance at a Glance:

  • Maximum coverage of $1,000,000
  • Maximum period of coverage is 35 years
  • Maximum issue age of 69
  • Coverage ceases at age 75

Critical Illness Insurance at a Glance:

  • Maximum coverage of $1,000,000
  • Maximum period of coverage is 35 years
  • Maximum issue age of 59 
  • Coverage ceases at age 75

Disability Insurance at a Glance:

  • Maximum monthly benefit of $3,000
  • Maximum period of coverage is 24 months
  • Maximum issue age of 69 • Coverage ceases at age 75
  • Elimination period (before benefits become payable) is 60 day non-retroactive

Loss Of Employment Insurance at a Glance:

  • Maximum monthly benefit of $3,000
  • Maximum period of coverage is 9 months
  • Maximum issue age of 69
  • Coverage ceases at age 75
  • Qualification period (before benefits become payable) is 60 day non-retroactive

*Some conditions apply. For details, please visit www.cumis.com.

For more information please contact CUMIS directly at 1-800-263-9120 and speak with a Licensed Insurance Representative.
 

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