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 399 reviews from

★★★★★

Sahar provided a detail of my coverage was very courteous allowed me to review! After a couple weeks later we reconnected to secure!Great experience!

Dave Fabello

★★★★★

Thank you Sehar Bajwa, prompt helpful and professional.

hayam rozik

★★★★★

I got my out of country medical insurance assisted by Sahar. It was a pleasure workingwith her and will be contacting her for any future trips. Thank you Sahar.

Janet Fountain

★★★★★

Attended by Artmize, good customer service, puntual and very professional. Will continue making bussiness with her.

Edgar Montano

★★★★★

Sehar Bajwa was great and very knowledgeable. Sehar has been more than helpful over the last few years with my travel insurance needs. Thank you again Sehar.

Kevin Rodger

★★★★★

Sehar was super to deal with! she called with clarifications and any questions. Very happy with our travel insurance purchase. Hoping if we need to use it will be clear and easy too. Thank you Sehar we appreciate you

Deb Knight

★★★★★

Sehar Bajwa gave us a lot of attention over 2 days with a details sent by email and over the phone. We obtained exactly what we wanted for medical insurance for the trip. Thank you Sehar!!Mary Lou and Fred Crossan

Mary Crossan

★★★★★

I’ve dealt with Sehar for the last few years and she is knowledgeable and helpful when purchasing our insurance for our stay in Florida for the winter I highly recommend her

Rachel Blouin

★★★★★

Sehar was wonderful to deal with while buying medical insurance for our winter in Arizona. We had been having trouble securing insurance for my husband because of some health issues and she found a company very quickly that would cover him. Of course we always hope not to have to use our insurance but if we do I hope it goes as smoothly as when we purchased. Thank you Sehar!

Faye Libler (MacGIRLver)

★★★★★

Sehar Bajwa always followed up and double checking all prices and providers for the best insurance to fit our needs. Very patient and thorough, highly recommend her expertise

Linda

★★★★★

Quick, reasonable and the broker, Sehar Bajwa was helpful, knowledgeable and kind.Thank you Sehar!

Cindy Mathison

★★★★★

Sehar was a great help in sorting out my travel insurance, even while I was on the road, follow up was easy.Emergency medical and Trip insurance, got a great rate, tks again Sehar!

Donna Karjalainen

★★★★★

Service was excellent. Assisted in every way possible to clarify my needs.

John Fantin

★★★★★

I and my wife got travel insurance with help of insurance agent Sehar Bajwa. Tanks a lot for Sehar Bajwa for very professional and competent job.

Mikhael Chernitsky

★★★★★

Thanks Sehar for your knowledge and patience while I decided which package to take!! Well done!

Bandna Sawhney

★★★★★

I had a great experience with Sehar when purchasing my travel insurance.

Joy McDonell

★★★★★

Thank you Ummi, Alliance Income for her wonderful service, she was helping me with travelling insurance with professional manners, giving me options and advices that I felt very comfortable and confidence. The process was smooth and efficient, right after the phone call process, the policy was immediately delivered to my e-mail. I would recommend Alliance Income and agent Ummi. Thanks.

Katiana Lo

★★★★★

Spoke with Artmiz. Very knowledgeable and very professional. Answered all my questions.Would highly recommend her to family and friends...actually, I already did and my friend was very pleased with the service she received

Pam Singh

★★★★★

My dealings with both Adam and Theresa were handled in a professional prompt manner giving me confidence in Alliance. I hope never to have the need to use my coverage, but I would hope that the experience would be as good.

Eklove Shatner

★★★★★

Ummi was most helpful and informativewhen I purchased Trip Cancellation andInterruption coverage on September 19!

Stephen J. Rushford

★★★★★

Amazing service! Nice to talk with a real person and not just online. Great at changing my insurance with no issues.

Joanne Hunt

★★★★★

Artmiz was capable, responsive and punctual. A good experience!

Geoff Stiles

★★★★★

Once again Ummi has provided an economical rate and stress free service for my snowbird health insurance. Strongly recommend for price and revive many thanks

Elizabeth Bastable

★★★★★

Theresa helped me get medical insurance for my upcoming trips. She explained everything in detail making it an easy for me to make the decision!

christine Fox

★★★★★

Theresa Hauser provided excellent service - clear information and great support regarding travel insurance- both cancellation and interruption.

Don Wagner

★★★★★

Theresa was very helpful & answered all my questions. Very efficient & I received all the documents & information within minutes. Thank you Theresa

Irene Hartl

★★★★★

Quick and efficient process and very good, pleasant exchange with agent Theresa Heuser

Randy Klatt

★★★★★

Theresa is very helpful and efficient. I get all my insurance needs done seamlessly by this company.

Maria Cecilia Danganan-Landicho

★★★★★

Artmiz Namazi was a very nice person to deal with. She went far and beyond to help me to have the best deal. She understood my problem and made sure I knew it was solved. I will greatly recommend her to anyone searching for emergency travel insurance.

Catherine Poplawski

★★★★★

Theresa Heuser helped me with buying travel insurance today. She was amazing!! The process was fast and painless. I always find buying our travel insurance to be one of the most stressful things in getting ready to travel. Thank you Theresa for making it so easy for me.

Pat and Art Thorrougood

★★★★★

Theresa was prompt at replying, answering all my questions and very friendly and pleasant to deal with. She is an asset to your company.

Yvonne Fjaagesund

★★★★★

Great experience. Theresa Heuser And Sabrina Izdiher helped me with everything. Very helpful and awesome customer service

Gurasis

★★★★★

Great professional quick service!

Colleen Van Horn

★★★★★

It was good, customer service and the client dealing is best and also they get you good deals.

Ahtsham Saif

★★★★★

Theresa was very clear and helpful with our travel insurance questions.

Gabriella Klein

★★★★★

Theresa was very helpful and professional in all our dealings! Would recommend her highly.

Joyce Schaaf

★★★★☆

Theresa was very efficient, friendly and patient.

Sandra Perrin

★★★★★

Artmiz Namazi was an excellent person to deal with. She was very knowledgable and gave me excellent advice. Her quick response to my inquiries on line and over the phone were great. She was extremely helpful and friendly and gave 5 star service.The price for the insurance I needed was also excellent. Thanks Artmiz

Fran Smyth

★★★★★

Excellent product at a cheaper price than other providers.

Dale Crawford

★★★★★

Brilliant and professional support given by Artmiz. Very happy with our Travel Insurance Policy. Thank you

Sabir Parvaiz

★★★★★

I am So glad and happy to have the agent name Ummi to assisted me purchase our travel insurance, very pleasant and helpful. Introduced her to my friends, they were happy with the service too. Thanks Ummi. For sure will looking for you at next travel time.

Van Tran

★★★★★

Great people & service.

Dave Gobell

★★★★★

Great job, knowledgeable, very patient and tried her best to help me. Thanks Ummi for excellent customer service

Razija

★★★★★

Artmiz was very pleasant and efficient to deal with. She was prompt in her replies, and in answering any other questions we had. Her travel insurance pricing was the best that we found,

Jean Bamford

★★★★★

Artmiz was totally great!! She is so pleasant, efficient and she gave us the best price and advice!! It was a pleasure to work with her.

Ian Bamford

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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.