MCAP offers critical illness mortgage insurance - Mortgage Corporation
Money Digest, Sept, 1999
When you're sick, the last thing on your mind is how to pay the mortgage. MCAP Mortgage Corporation now offers critical illness insurance to customers. Mortgage life insurance pays your mortgage off if you die, however, critical illness insurance pays off your mortgage in the event you become critically ill (i.e.
develop cancer, have a major heart attack or stroke). The premiums are added to your mortgage payment and to your mortgage life insurance coverage. Amounts up to $500,000 are insurable.
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