LIFE INSURANCE
Whether you’re entering the market for the first time or looking to purchase your 10th property, buying a home is always a major financial commitment. It’s also a significant decision in terms of ensuring your family’s security and peace of mind. The last thing a family needs to worry about is whether or not they’ll be able to keep their beloved home in the event of a loved one’s passing.
We can help. Our Life Insurance Plans will ensure your family’s security in the event the unthinkable were to happen and are specifically designed to cater to a broad range of mortgage products. If something were to happen to you, our Plans will cover the amount remaining on your mortgage, providing your family with a mortgage-free home. Peace of mind will be yours, knowing your loved ones will be taken care of in the event of a tragedy.
Furthermore, as one of our mortgage customers, you’ll benefit from affordable premiums as ours are determined based on low group rates. Your premium will also be set at the time you apply for Life Insurance and will not increase as you age.
And, your payments will be conveniently collected from your account along with your regular mortgage payments, regardless of your preferred payment schedule (i.e. monthly, semi-monthly, etc.).
Applying is Easy
As long as you’re a Canadian resident, you’re eligible to apply for Life Insurance coverage for your full mortgage balance. Co-borrowers and/or guarantors are also eligible to apply, if needed, at the time you’re ready to secure your mortgage.
If you’d like to learn more, we’re here to answer any questions or concerns you may have. You can also begin the quick and easy online application process today by simply clicking the button below:.