Save Up to 54% with Mortgage Life Options
You can do better than the mortgage life insurance terms and rates promoted by loan officers at Canada's banks, credit unions, and trust companies. Their ‘Creditor’s Group Mortgage’ insurance policies typically cost more and offer less protection.
For example, on a typical $500,000 insurance policy with a 20 year term, we can get most applicants a monthly payment of $67/mo compared to paying a major bank $145/mo. That saves you $936/year or a total savings of $18,730 over 20 years.
Don't Just Save ... Get Better Value, Too
Choose a more affordable option for home mortgage life insurance that gives you better protection, too.
• You're qualified & covered up front
• Your coverage does not decline
• Your rates do not go up
• You're guaranteed renewable
• Your insurance is transferable
Start Saving Now
You can decline your bank's policy or cancel an existing mortgage life insurance policy at any time. Even if you have just said 'yes' to the agent at the bank, you can switch and save with an independant mortgage life insurance broker - discover your options and save!