Planning your financial wellness can be difficult, especially in current times. Many homeowners in Ontario may now find themselves in more debt since the pandemic began. A large amount of Canadian debt includes mortgage debt, according the Statistics Canada. So, what does this mean for you?

Mortgage Life Insurance acts to protect your family’s biggest investment — your home. If something were to happen to you, could your family keep up with mortgage payments over time? If the answer is no, Mortgage Life Insurance may be for you.

Mortgage Life Insurance is coverage that can cover all or a certain percentage of your mortgage principal in the event of your death with up to 8 beneficiaries under the policy. It’s sometimes offered through your financial institution as part of your mortgage, but this insurance is offered by a variety of insurers with additional options for serious illness or disability.

We’ve got you covered.