Optional Creditor Insurance for Matrix Mortgage provides protection in the event of death, critical illness, job loss or disability.
In the event of death, help protect your home with Mortgage Life Insurance for Matrix mortgage. Your Matrix mortgage balance is reduced or paid off up to $750,000.
In the event of critical illness, such as stroke, heart attack or cancer, Mortgage Critical Illness Insurance for Matrix mortgages reduces or pays off your mortgage balance up to $500,000.
In the event of disability, Mortgage Disability Insurance can pay up to $3,000 per month towards your Matrix mortgage payment for up to 24 months to a maximum of $150,000 per incident of disability.
If you lose your job through no fault of your own, Mortgage Disability Insurance Plus can pay up to $3,000 per month towards your Matrix mortgage payment for up to 6 months to a maximum of $50,000 for each incident of job loss.