Mortgage Insurance
Protect your home and family with mortgage insurance. Help make sure your loved ones can stay in their home if you're no longer there to make the payments.
Mortgage insurance provides peace of mind by protecting your home investment. This coverage helps you:
- Help protect your family's home if the unexpected happens
- Help keep mortgage payments going if a covered illness or injury stops you from working
- Maintain your family's standard of living
Mortgage Insurance Options
Life Insurance Coverage
Life insurance coverage that can pay off or pay down your mortgage if you die, helping your family keep their home.
- Coverage can be matched to your mortgage balance
- Level or decreasing coverage options, depending on the product
- Flexible payment options
Disability Coverage
Helps cover your mortgage payments if a covered disability keeps you from working.
- Monthly payment protection
- Short and long-term disability options
- Optional critical illness coverage
Choosing Your Coverage
Evaluate Your Needs
- Calculate your mortgage balance and payments
- Consider your family's financial needs
- Review your existing insurance coverage
Policy Features
- Coverage amount and duration
- Premium payment options
- Additional protection riders
Mortgage protection products vary: individually owned life or disability insurance keeps its benefit amount and stays with you if you change lenders, while lender creditor insurance typically declines with your balance and may be assessed at claim time. Both are different from CMHC mortgage default insurance, which protects your lender. Coverage is subject to the terms, conditions, and exclusions of the issued policy. This page is general information, not advice.
Ready to Get Started?
Speak with one of our expert advisors to find the right mortgage insurance plan for your needs.
