Mortage Life Insurance

Seriously consider mortgage life insurance. The cost is low and can be incorporated into your mortgage payments. In the event of death, terminal illness, or permanent disability, your balance will be paid in full (the maximum varies among financial institutions). Quotes are available with each approved mortgage.

Help insure you'll always have a home.

You never know what the future might bring, so it pays to be prepared. That's why your Mortgage Agent always recommends mortgage insurance with every new mortgage. The Mortgage Solution Team's exclusive Mortgage Protection Plan protects your family home should something happen to you or your ability to earn a living.

This convenient insurance package pays your mortgage balance in the event of your death. You can also choose coverage that continues paying up to 100% of your monthly payments for up to one year if you were to become totally disabled and unable to work for 60 days or more.

Our life coverage or life-and-disability coverage is very affordable because premiums are calculated on special group rates, and non-smokers save even more. Anyone is eligible to apply as long as you're working or medically capable of working. While life-and-disability coverage is available only at the time of mortgage funding, life coverage can be added to any existing Mortgage Centre mortgage.

For more information about mortgage insurance, talk to your MST Specialist.