5 Insurances You Pay When You Buy A House – Only 1 Protects You

Know your Mortgage Eligibility in 60 seconds (No Signup): https://home.growwithnav.com/ Insurance Video    • Term Life vs Whole Life Insurance: The Mat...   📞 Book a 1-on-1 call → https://www.growwithnav.com/book-a-call Other Resources: 🚀 Watch the First time home buyer masterclass - https://www.growwithnav.com/freeclass 🌱 Join my Inner circle → https://www.growwithnav.com/grownation 🧠 Free weekly Newsletter → https://www.growwithnav.com/free-news... 📊Resources: https://www.growwithnav.com/5amclub 🎥 What This Video is About: Most of the insurance you pay for when buying a home protects the bank — not you. Here are the 5 home-buying insurances, who each one actually pays, and the one nobody will ever offer you. When you buy a house you get sold a lot of insurance. Some you're required to buy, a lot gets quietly rolled into your mortgage before you notice — and only ONE of these actually protects your family. In this video I break down all five through a single test: when things go wrong, who gets the check? I'm Navjot — a licensed mortgage agent (studying to become a financial planner). I make zero commission on any insurance product mentioned here. No creditor insurance, no title insurance, no term life. This isn't a sales pitch — it's a map of where the money actually goes, so the next time a form slides across the desk, you know exactly what you're signing. We go in order from the insurances that protect the lender to the one that protects the people you love. 🏡 Grow With Nav is not just a channel — it's a movement. I’m a licensed mortgage agent (Indi Mortgage, FSRA#12403) helping first-time buyers retire early, build net worth, and become mortgage-free smarter and faster. Every video is a blend of storytelling, financial truth, and actionable strategy. 0:00 The insurance nobody explains 0:43 The one test: who gets the check? 1:38 #1 Mortgage default (CMHC) insurance 4:53 #2 Creditor / mortgage protection insurance 7:38 #3 Title insurance 9:15 #4 Home insurance — the hidden gaps 11:56 #5 Term life insurance 13:56 Recap: all 5, who gets paid 14:46 Watch this next