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For more information ...
For more information ...
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Mortgage Protection Plan: CLAIMS FACTS & FIGURES
- About $40 million has been paid to hundreds of Canadian families who are now mortgage-free
- Every month, an average of 20 new claims are initiated.
- We pay about 90% of all the life insurance claims we receive.
- Looking at the remaining 10%, almost all of the those claims were not paid for exactly the same reason: the health information provided in the application was incomplete or incorrect.
- Only a tiny handful of claims have been denied for other reasons
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