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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

Excellent4.8 Based on 596 reviews from ★★★★★ If you want to remove negative reviews from your Google Business, contact me via my profile; my contact details are listed there. After work you can pay..Brooklynn RobinsonBrooklynn Robinson ★★★★★ Dornaz was very helpful. Patiently listened to my concerns and questions as well as provided timely and what seemed to me as appropriate responses. Felt comfortable dealing with her on the phone.Michael GabasMichael Gabas ★★★★★ I had the pleasure of meeting and working with DORNAZ for my personal health and dental insurance. She is an absolutely incredible. She listened to me and provided detailed information during our first call. She was very diligent in following up with me by email. She was very patient as I had changed my request after she did everything. I can honestly say that she might be one of best people I have spoken to in the customer service industry.She is a valuable asset.Thank you DORNAZ !!!!!!Mary BMary B ★★★★☆ Muhammad at Alliance was helpful and responsive.Kathleen MagladryKathleen Magladry ★★★★★ Friendly and efficient service provided in a prompt manner. All questions fully answered.myles buntingmyles bunting ★★★★★ Very responsive to my many questions and super efficient processAlexandriaAlexandria ★★★★★ It was a pleasure dealing with Muhammad . Would deal with him again.Miriam HartmanMiriam Hartman ★★★★★ Just booked my travel insurance! Doran’s is the best! Thank you so muchSharonSharon ★★★★★ Muhammad was excellent, it took a few days because of technical problems, not Alliance issue. Will definitely use again, got us the best price for travel insurance. Thanks MuhammadJackie KeirJackie Keir ★★★★★ We have previously obtained travel insurance with Alliance through Costco Travel insurance. After Alliance email reminder, I have filled out request for multiple trip quote. Sehar Bajwa called back and helped me to complete the application. I received by email the Manulife Travel Policies right after. ThanksT NguyenT Nguyen ★★★★★ Muhammed Suleiman was professional in his dealings.Gerard ThompsonGerard Thompson ★★★★★ I worked with Artmiz to arrange travel insurance. She was very helpful ,answered my questions and clearly outlined my options. I will use Artmiz at Alliance for future travel.valerie szilockvalerie szilock ★★★★★ Dornaz was very helpful and I appreciated all her efforts to sign me up for my travel insurance.She will be my “go to” girl for any future travel needs!LoraineLoraine AndersonLoraine Anderson ★★★★★ My agent is Muhammad SuleimanMariaMaria ★★★★★ I had an exceptional experience with Ofir Mizrahi. Even though I didn’t end up purchasing a policy at the moment, his level of customer service truly stood out. He was incredibly professional, knowledgeable, and patient, taking the time to explain every detail clearly without any pressure.You can tell he genuinely cares about helping people make the right decision, not just making a sale. That kind of integrity and dedication is rare to find.I highly recommend Ofir to anyone looking for honest, reliable, and top-quality service. I will definitely reach out to him again in the future!Jessica MartinelliJessica Martinelli ★★★★★ Dornaz is always very helpful and provides all the details and suggests the best optionMona HadisiMona Hadisi ★★★★★ Good assistance.Heather SutherlandHeather Sutherland ★★★★★ Dornaz was extremely helpful and efficient, a pleasure to deal with. Highly recommend her for travel or any insurance questions or policies.Joe DaigleJoe Daigle ★★★★★ Dornaz was very helpful during my search for travel insurance!C JC J ★★★★★ 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- RakochyKim Keller- Rakochy ★★★★★ Great customer service!! Very friendlyBrenda BurtonBrenda Burton ★★★★★ I am very grateful to Sehar Bajwa for her help. She is very patient and professional.Vivian GuoVivian Guo ★★★★★ Dornaz made it very easy getting a quote and then completing the deal.Franz HasenhundlFranz Hasenhundl ★★★★★ Sehar promptly replied to my emails and answered any & all questions I had. Great rates on medical/travel insurance.Natalie HaakNatalie Haak ★★★★★ Dornaz was great to work with. I will be using her for all our tripsIrene HollowayIrene Holloway ★★★★★ Great service by DornazPradeep MohapatraPradeep 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.LololoLololo ★★★★★ Thank very much for the excellent service, great knowledge in getting for me the best plan for the travel insurance. Well bone!!!Milia KatsMilia Kats ★★★★★ Very efficient, lovely to speak with and made booking insurance much easier for meLouise ZenzenLouise Zenzen ★★★★★ Dornaz was a great help signing me up for my benefits plan.Ahmed ShaatAhmed Shaat ★★★★★ Artmiz was so helpful with getting my coverage for both my trips.It was a pleasure dealing with her.helen careyhelen carey ★★★★★ Dornaz was efficient, friendly, and helpful! Thank you ..Margot BrunelleMargot 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 MenardFrancine Menard ★★★★★ I highly recommend this insurance; Dornaz was extremely helpful and kind throughout the process. Easy and quickReuben QaunaqReuben 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 youMaggie VHMaggie 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 ConcepcionDoris Concepcion ★★★★★ Very knowledgeable . Thanks DornazCelia AlamCelia Alam ★★★★★ Service was very good, Dornaz was very helpful and prompt in her service.Ernest ComerfordErnest 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 AdamsBrenda 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 SeharAndré LanteigneAndré 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 RayElaine Ray ★★★★★ Very easy too renew travel to insurance. Dornaz very helpful and professionalEric MEric Mjs_loader
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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.

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.

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Mortgage Life Form (#12)
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