Mortgage Life Insurance in Barrie, ON

Buying a home is one of the largest purchases you’ll make in your lifetime. At Dominion Lending Centres, we believe it’s also an investment in your family’s financial future – an investment that needs protection.

According to a recent Ipsos Reid report, 45% of uninsured Canadians rank life insurance among their top five financial priorities, yet many still lack coverage. Additionally, 76% of parents worry about their family’s financial situation in case of their death.

What would your family do if something unfortunate happened and they were left to make mortgage payments on their own?

Mortgage Protection Insurance safeguards your investment and secures your family’s financial well-being in the event of your or your spouse’s death. If tragedy strikes, the mortgage on your home would be paid off, allowing surviving family members to use other insurance to maintain their lifestyle and recover from the loss.

The mortgage insurance offered through Dominion Lending Centres includes features that traditional bank mortgage insurance doesn’t provide, such as portability. This means you won’t lose coverage or have to re-qualify when renewing your mortgage, regardless of how many times you change homes or lenders. Plus, premiums don’t increase with changes in health or age.

Our Mortgage Protection Plan includes two essential insurance products: Life Insurance and Total Disability Insurance. With this coverage, your mortgage is protected not just in the event of death, but also if a serious accident or illness leaves you unable to work. Most traditional term life policies only cover you in the event of death.

HOW TO APPLY

Your Dominion Lending Centres mortgage professional can guide you through the details of mortgage life insurance, including costs and benefits. We offer instant coverage and a money-back guarantee if you cancel within 60 days. Contact your Dominion Lending Broker or Agent today to protect your mortgage with life and disability insurance.