Insurance products are not insured by FDIC or any Federal Government Agency; are not a deposit of, or guaranteed by the The Milford Bank or any Bank Affiliate; and may lose value. Any insurance required as a condition of the extension of credit by The Milford Bank or TMB Mortgage Company need not be purchased from our Agency but may, without affecting the approval of the application for an extension of credit, be purchased from an agent or insurance company of the customer’s choice.