Your client’s house is their most valuable asset. Client’s buy home insurance to protect it from loss due to fire or other unforeseen events. So why wouldn’t they want to protect it from loss of income and missed mortgage payments due to an unexpected death or illness in the family.
The Creditor Insurance on the Expert system will be provided by MPP -(Mortgage Protection Plan).
To assist you in providing your clients an insurance premium prior to the application printing off, as well as your potential compensation on an application, please find attached our MPP Premium and Income Calculator. Click the following link:
MPP Premium and Income Calculator
Please note the compensation plan needs to be set at “HIGH” – “No Chargeback” .
For more details on the MPP , please click on the corresponding link below.