Maternity insurance offered by Insurers are anything but simple, there are generally two types of maternity insurance plans. Bundled Maternity…
Here are some riders you may add on to your Mortgage Reducing insurance protection to provide comprehensive coverage.
- Total and Permanent Disability
- Advance Stage Critical Illness
- Premium Waiver
- Spouse Premium Waiver
You can apply a joint mortgage insurance with your spouse, this may potentially be cheaper than if you were to get two separate policies. Take note that the pay-out will not pay twice even if both of you meet the claimable event of death/disability.