Presentation on theme: "Mortgage Creditor Insurance A new stream of income for Mortgage Brokers!!!"— Presentation transcript:
Mortgage Creditor Insurance A new stream of income for Mortgage Brokers!!!
The Product Underwritten by Great West Life Assurance Company Good brand recognition Competitive features Priced right Experienced in the Mortgage Creditor Business
Unique Concept The only program designed to work with mortgage brokers We advance compensation to the mortgage broker Allows client to switch their mortgage to a different lender but keep the creditor insurance without the need to qualify for coverage again ** The compensation is directly proportional to contract value, not a flat fee or a truncated amount ** some conditions apply
Benefits to You You earn your compensation upfront You do not have to track and collect small monthly compensations There is no investment on your end Simple and easy to administrate Free turnkey solution
Benefits to your clients Premium protection for 25 years No extra charge for smokers Low join factor (1.4 vs. the typical 1.8/1.9, meaning a 60% discount!) Immediate coverage available Affordable monthly premium via auto debit Convenient one stop shopping Flexible Terms
Free Turnkey solution for you Easy to operate PC program to calculate premium and prepare paperwork Free product training for your sales team Monthly statement for the business you write with your compensation check Monthly individual statement for your brokers Ongoing technical and sales support
How to join a successful team To join the program please: 1.Review and sign the broker agreement 2.Book a product orientation for your team 3.Book your software installation and training Many mortgage brokers are already participating in our program. Do not miss this great opportunity to add an extra stream of income from the clientele you already own.