Procedures Check-List
If you can answer "yes" to all these questions, you can rest assured that you have the proper procedures in place.
- Is Mortgage Protection Plan the only creditor insurance program you offer to your mortgage clients?
- Do you have each of your clients complete a Mortgage Protection Plan Application? Learn More
- Do you give each of them an MPP Brochure (printed or in a pdf)? Get a Copy
- Do you check that the health questions are answered before submitting the application?
- Do you only submit applications once they are complete with the client's premium collection account (either a void cheque, or credit card number)? If you don't, your normal compensation may be reduced. Learn More
- Do you submit all your applications before the mortgage funding date?
- Do you submit all your applications to MPP - even the waivers? Or, if not do you have the necessary storage/retreival procedures in place if someone requires a copy of the form at any time during the mortgage amortization period?
- Do you reply promptly and accurately to all your SafetyCatch notifications? Learn More
