Our House

Fall 2017

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The Manufacturers Life Insurance Company Mortgage Protection Plan ® (MPP) insurance is underwritten by The Manufacturers Life Insurance Company ("Manulife") and administered by Benesure Canada Inc. ("Benesure"). Credit Security Insurance Agency Inc. ("CSIA") and its appointed agents provide insurance sales services. Benesure and CSIA are wholly owned subsidiaries of Manulife. In this document, "we" and "our" means CSIA and its appointed agents. ® Registered trademark of Benesure Canada Inc.; used under licence. Manulife and the Block Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under licence. Manulife, PO Box 4213, Stn A, Toronto, ON M5W 5M3. Insurance advice for investment property buyers If you have any questions, contact us today: Tel: (866) 677-4366 / Fax: (866) 677-4329 Email: help@mortgageprotectionplan.com P.O. Box 987, 50 Charles Street E, Toronto, ON M4Y 2N9 Accessible formats and communication supports are available upon request. Visit Manulife.com/accessibility for more information. "Why buy insurance?" We often hear this from people who believe they don't need protection for mortgages on their investment properties. Their rationale? "It doesn't matter if I'm not around anymore. The rent will keep coming in!" or ... "I'd buy insurance for the mortgage on our home, but this isn't the same. My family can just sell the rental property if the payments get to be too much." Not convinced? Neither are we. The problem with this kind of logic is that it assumes market conditions will always be favourable for rental property investors. For example, it assumes that: • there will never be any tenant vacancies t fi o r p t u o e p i w d n a e s a e r c n i r e v e n l l i w s e t a r t s e r e t n i • margins on rental incomes e b n a c e l d n a h o t h c u m o o t s ' t a h t y t r e p o r p l a t n e r y n a • quickly sold at a profi table price We know these are false assumptions; market conditions are not stable. Which is why it makes sense to protect your family – and your investment – with Manulife's Mortgage Protection Plan ® insurance.

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