Mortgage Life Insurance

Life Insurance Pro understands the significance of safeguarding your greatest investment—your home. Secure it with Mortgage Life Insurance, ensuring your family's continued residence in the event of your passing. Plan wisely for their future security.

Our Reviews

Excellent

4.8

★

Based on 577 reviews from

★★★★★

Very polite and courteous.. My agent, Dornaz, was very helpful and efficient booking my travel insurance. All needs were met in a professional way. Thank you.

Kim Keller- Rakochy

★★★★★

Great customer service!! Very friendly

Brenda Burton

★★★★★

I am very grateful to Sehar Bajwa for her help. She is very patient and professional.

Vivian Guo

★★★★★

Dornaz made it very easy getting a quote and then completing the deal.

Franz Hasenhundl

★★★★★

Sehar promptly replied to my emails and answered any & all questions I had. Great rates on medical/travel insurance.

Natalie Haak

★★★★★

Dornaz was great to work with. I will be using her for all our trips

Irene Holloway

★★★★★

Great service by Dornaz

Pradeep Mohapatra

★★★★☆

Artmiz provided great service and advice for our last trip so we decided to contact her again for our next trip. She answered all my questions and was very friendly and helpful. I believe she gave me the best insurance deal for my trip to Portugal.

Lololo

★★★★★

Thank very much for the excellent service, great knowledge in getting for me the best plan for the travel insurance. Well bone!!!

Milia Kats

★★★★★

Very efficient, lovely to speak with and made booking insurance much easier for me

Louise Zenzen

★★★★★

Dornaz was a great help signing me up for my benefits plan.

Ahmed Shaat

★★★★★

Artmiz was so helpful with getting my coverage for both my trips.It was a pleasure dealing with her.

helen carey

★★★★★

Dornaz was efficient, friendly, and helpful! Thank you ..

Margot Brunelle

★★★★★

Artmiz Namazi was very efficient and informative with regards to my requirements for my upcoming trip. Received all my documentation within minutes. She made it a very pleasurable experience!

Francine Menard

★★★★★

I highly recommend this insurance; Dornaz was extremely helpful and kind throughout the process. Easy and quick

Reuben Qaunaq

★★★★★

Artmiz Namazi was amazing. She was very friendly and knowledgable and prompt with a quote. I asked for companies for a quote and your company was the cheapest. I called her back and placed my order for travel insurance for two months. Thank you so much.Artmiz. It was a pleasure dealing with you

Maggie VH

★★★★★

I always get great service from R'ceino and Artmiz that's why I keep coming back to your company for our family's travel insurance. Thank you.

Doris Concepcion

★★★★★

Very knowledgeable . Thanks Dornaz

Celia Alam

★★★★★

Service was very good, Dornaz was very helpful and prompt in her service.

Ernest Comerford

★★★★★

Dornaz has been polite - pleasant - prompt in finding a suitable insurance to fit our needs. She represents your company very well. A pleasure to deal with.

Brenda Adams

★★★★★

Snowbirds for many years, being 80 yrs this year we had to go over the health questionnaire with an agent. Our agent, Sehar Bajwa was very helpful is guiding and assisting us in answering the heath questions accurately. And we are pleased with the travel insurance plan she recommended . Thank you Sehar

André Lanteigne

★★★★★

Dornaz was extremely helpful in assisting me with the best travel insurance for my approaching trip to East Africa. Knowledgeable, professional, friendly, and quick to respond, I feel confident with the coverage I purchased and with it's price. Thank you Dornaz!,

Elaine Ray

★★★★★

Very easy too renew travel to insurance. Dornaz very helpful and professional

Eric M

★★★★★

Doenaz was a very efficient and a delight to deal with.

Murray Rogers

★★★★★

Dornaz was extremely helpful and patient whilst helping me organize my travel insurance. Would certainly recommend this service for all travel insurance needs.

Maureen edmonds

★★★★★

We dealt with Dornaz for our travel insurance needs for an upcoming trip and it was a good experience and we are very happy with what she placed for us. Hopefully we won’t need the insurance but we have peace of mind knowing that we are covered if we do.

Murray Morrison

★★★★★

Sehar Bajwa Was absolutely lovely, she explained and helped me select travel insurance for myself and husband for our up coming trip. I will keep her contact information for future travel insurance needs.Thank you so much Sehar

Patti McTavish

★★★★★

Artmiz was very helpful. She made the process very easy.

Janice Greco

★★★★★

Excellent Customer service by Artmiz Namazi, will recommend to everyone

Nudrat Usmani

★★★★★

Doraz was a delight to work with, very helpful, considerate and very well informed .

Muriel Whitty

★★★★★

Domaz did a wonderful job for me. I felt like she did a very good job in getting me what I wanted and needed for my trip. Great thank you to her.

Mark Memorial

★★★★★

Sehar Bajwa was very helpful and gave me all the options for my travel insurance policy and followed up with e mail confirmations.Thanks Sehar

gamin Dias

★★★★★

I was shopping around for travel insurance and decided to work with Sehar Bajwa Her professionalism and expertise are exemplary. She was able to answer all our questions, responded in a timely manner, and provided a great client experience overall. If you are looking for this type of service, I have no hesitation whatsoever in recommending her.

Keith Balcon

★★★★★

Courteous, polite and efficient.Dornaz was great.

Steve Dufresne

★★★★★

Dornaz. Was very helpful. Patient and went out of her way to explain the travel policy to me.Excellent person. And I would highly recommend your firm just from my experience with her.Rosemary Heska

Rosemary Heska

★★★★★

Dornaz has been extremely helpful, professional, patient & pleasant in our recent travel Insurance business recently. Thank you Dornaz!Jill & Ralph

Jill Geiger

★★★★★

I went online to look into travel insurance as mine was expiring soon. I filled in the information needed and expected a call from a representative.Sehar Bajwa called me a little while later. She went through my application with me and quoted me the rate. The rate was lower than I was given online. I told Sehar that I wanted to take the insurance with Allianz.Sehar was very helpful, answering my questions and putting my application through. A few hours later my travel insurance policy came through in an email.Thank you Sehar for all your help.Sincerely,Cindy Wiley

Cindy Wiley

★★★★★

Wonderful professional service

sylvia bradley

Familiy and Life Insurance CTA image banner

Get Mortgage Life Insurance Quotes in Minutes

At Life Insurance Pro, we understand the paramount importance of family. Our top-tier insurance policies empower you to consistently support your loved ones, ensuring financial stability even in your absence.

Take the first step by clicking below to receive a personalized quote.

Get a Quote

Mortgage Life Insurance Explained

What exactly is Mortgage Life Insurance? It serves to cover missed mortgage payments, preventing property foreclosure. Premium payments cease only when your mortgage is settled. In the event of your passing, your family is relieved from mortgage worries, as payments are directed to your financial institution, not them.

Tips to Save Money on Mortgage Life Insurance

At Life Insurance Pro, we’re dedicated to your savings. Simplify your search by requesting a quote through our website. We compare rates from top Canadian insurers, sparing you the hassle. Consider these ways to further save money on Mortgage Life Insurance:

Aim for a 20% Down Payment

Sidestep Mortgage Life Insurance by saving a 20% down payment on your desired property.

Adjust Down Payment Percentage

Strive to increase your down payment to reach a new percentage bracket. More upfront payment means reduced Mortgage Life Insurance premiums.

Opt for a Shorter Amortization Period

Choose a shorter mortgage term to accelerate repayment. Though monthly payments rise, you’ll settle your mortgage faster, ceasing insurance payments sooner.

Pay Extra Regularly

Make additional payments whenever feasible to clear your mortgage ahead of schedule. With each payment, your Mortgage Life Insurance obligations diminish until your mortgage is fully paid off.

Mortgage Life Insurance FAQ’s

This section aims to provide even more valuable information on the topic of Mortgage Life Insurance:

Mortgage Life Insurance is a type of insurance that covers the outstanding balance of your mortgage in the event of your death. If you pass away while the policy is in effect, the insurance pays off your remaining mortgage balance, ensuring your family can keep the home without the burden of mortgage payments.

Anyone with a mortgage, especially those who want to ensure their family can keep the home if they pass away, should consider Mortgage Life Insurance. It provides peace of mind knowing that the mortgage will be paid off in the event of your death.

Mortgage Life Insurance covers the outstanding balance of your mortgage loan. If you pass away while the policy is active, the insurance company pays off the remaining balance directly to the mortgage lender, ensuring your family can keep the home.

Mortgage Life Insurance is not mandatory, but it’s often recommended for homeowners who want to protect their family from the financial burden of the mortgage in case of death. However, some lenders may require it as a condition for approving the mortgage.

Mortgage Life Insurance can usually be cancelled or transferred, depending on the terms of the policy and the insurance provider. Homeowners may choose to cancel the policy if they refinance their mortgage or pay off the loan early. Transferring the policy to a new property is also possible in some cases. It’s essential to review the policy details and consult with the insurance provider for specific options.

Life Insurance

Other Insurance

Investment & Retirement

Let’s Get Started

Mortgage Life Form (#12)

First Name

Last Name

Contact Number

Email

Province

Product

Age

By clicking on 'Get a Quote' button, you agree to our Terms of Use and Privacy Policy. You provide consent to be contacted for the purpose of being provided information, rates and details on any product from any insurance company or financial institution. You can unsubscribe at any time from this service.

Referer