{"id":88,"date":"2018-12-05T11:37:16","date_gmt":"2018-12-05T11:37:16","guid":{"rendered":"https:\/\/en.azimuthfinances.com\/?page_id=88"},"modified":"2019-01-13T17:31:05","modified_gmt":"2019-01-13T17:31:05","slug":"complementary-mortgage-package","status":"publish","type":"page","link":"https:\/\/en.azimuthfinances.com\/?page_id=88","title":{"rendered":"Complementary Mortgage Package"},"content":{"rendered":"<p>You have taken a mortgage and moved into your dream house or about to do so?<\/p>\n<p>It\u2019s all well and good until something happens. You work very hard to support your family, care for their every need and ensure your children\u2019s future.<\/p>\n<p>However, things don\u2019t always go according to plan. Have you ever thought what could happen should, Heaven forbid, one of you become very ill or disabled following an accident?<\/p>\n<p>How will you protect your family\u2019s financial security if an illness or disability to one of you will burden you with heavy expenses or prevent you from keeping on working?<\/p>\n<p>How will you ensure a continued financing of current expenses for your family, including mortgage payments to the bank?<\/p>\n<p>It is important to keep reading\u2026<\/p>\n<p>Your life insurance will protect you in case of death; however, you should know that this insurance will not cover you in cases of illness or disability as a result of an accident.<\/p>\n<p>If you work in an established organization you may also have incapacity to work insurance, but that is not enough.<\/p>\n<p>Your expenses will only grow during an illness and \u2013 again \u2013 what about household current expenses? What about mortgage payments? Can your spouse handle it alone? After all, it is not easy to pay a mortgage with today\u2019s rates.<\/p>\n<p>Precisely to cover against such risks, we created the \u201cComprehensive Mortgage\u201d package.<\/p>\n<p>The terms of the policy are there to help you to contend your family\u2019s financial needs in case of a dire illness or disability as a result of an accident, as well as to designate the sums of money you will receive from the insurance company to repay the mortgage in part or in full, subject to the coverage level you will actually purchase as a part of the package.<\/p>\n<p>The package will be issued in an insurance policy separate from the life insurance policy issued for the mortgage and provided to the bank as a part of the mortgage terms.<\/p>\n<p>This coverage will be at your disposal in any case of the ones mentioned above during the period insured, whether you were still paying a mortgage at the time or have already paid it.<\/p>\n<p>Naturally, if you were still paying the mortgage at the time, you will be able to channel the compensation you receive from the company towards a partial or full repayment of the mortgage.<\/p>\n<p>Beyond that, in case of a total loss of a capacity to work you will be relieved of payment of insurance premiums starting from the end of the waiting period and as long as you are incapacitated or until the end of the insured period, whichever comes first.<\/p>\n<h3>You may also be interested in&#8230;<\/h3>\n<div class=\"flex-grid related-entries\"><div class=\"row mai-slider\" data-adaptiveheight=\"false\" data-arrows=\"true\" data-autoplay=\"false\" data-center=\"true\" data-centermode=\"false\" data-dots=\"false\" data-fade=\"false\" data-infinite=\"true\" data-middle=\"false\" data-slidestoscroll=\"3\" data-slidestoshow=\"3\" data-speed=\"3000\" data-gutter=\"md\"><div class=\"flex-entry entry mai-slide post-7 page type-page status-publish has-post-thumbnail boxed column middle-xs text-xs-center\"><a class=\"entry-image-link 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It\u2019s all well and good until something happens. You work very hard to support your family, care for their every need and ensure your children\u2019s future. However, things don\u2019t always go according to plan. Have you ever thought what &hellip;<\/p>\n","protected":false},"author":1,"featured_media":374,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":{"0":"post-88","1":"page","2":"type-page","3":"status-publish","4":"has-post-thumbnail","6":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Complementary Mortgage Package - Azimuth Finances<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/en.azimuthfinances.com\/?page_id=88\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Complementary Mortgage Package - Azimuth Finances\" \/>\n<meta property=\"og:description\" content=\"You have taken a mortgage and moved into your dream house or about to do so? 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It\u2019s all well and good until something happens. You work very hard to support your family, care for their every need and ensure your children\u2019s future. However, things don\u2019t always go according to plan. 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