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 622 reviews from

★★★★★

It was a pleasure talking to Karen Wright in ordering to purchase my travel insurance.She was very pleasant and knowledgeable.Thank you! Catherine (Cathleen Seamone)

Cathleen Seamone

★★★★★

Sehar Bajwa gave me fantastic service for Medical Travel Insurance.She was knowledgeable about the products she had and which ones's suited me. Even though I changed the dates of travel for a single trip a few times she was patient with me and gave me exactly what I wanted.If you ever want Travel Insurance ask for Sehar Bajwa.A More Than Satsified Client

Charles Boole

★★★★★

Very easy process to book insurance by Ofir.

Marian Avery

★★★★★

Ofir provided exceptional service in helping me secure emergency travel medical insurance. I had some very technical questions regarding top-up coverage and stability periods, and Ofir answered all of them clearly, promptly, and professionally. He made a potentially stressful and confusing process completely seamless and ensured I had the exact, safe coverage I needed. Thank you, Ofir, for the outstanding support and peace of mind!

Steve Shin

★★★★★

It is the second time that I deal with Karen Wright to insure my trips and I am very happy with her service. She is competent, efficient, profesional and very courteous. I'll will call her again for my next trip.

Christiane Delon

★★★★★

Process was quick and easy, Ofir was pleasant and knowledgeable and helped me out start to finish in just a few minutes. For a future trip I will probably get other extended coverage as well, as for this trip we bought only medical and indeed unfortunately needed it

Sara Raizel

★★★★★

Dornaz was knowledgeable and easy to deal with. She gave me a rundown on the policy and made me feel at ease.

Rhonda Handlechner

★★★★★

Excellent customer service, professional and courteous. Thank you Karen Wright.

Mimi Alam

★★★★★

Very helpful and easy to do business with. I needed travel insurance and got lots of quotes to compare. Purchase was painless and fast

warren faleiro

★★★★★

Thank you Karen Wright, for your very fast, efficient service to obtain my travel insurance. A quick medical questionnaire to complete, payment done, and I had it in my inbox ready to print. Effortless ! A good choice !

Laura Courtney-Clarke

★★★★★

Sehar was very knowlegable, understood my needs and was very helpfull setting me up with my coverage as well as explaining the contract. It made the whole process go very smoothly.Les McCulloch

leslie mcculloch

★★★★★

Dornaz is great to deal with. She made me feel that no question was a dumb question. Very helpful.

Valerie Roth

★★★★★

Karen Wright provided outstanding and timely service setting up the policy for our trip. Nice to have a piece of mind at a reasonable price for our trip

Larry Kellock

★★★★★

Always a positive helpful experience with Dornaz. For all your travel insurance needs i would definitely recommend Dornaz with Alliance Insurance

L.M.

★★★★★

Karen was very efficient and friendly. She explained details in a very respectful way and we would be happy to deal with her in the future.

Juliet Stephens

★★★★★

It's always a pleasure to deal with Karen Wright. She is always very helpful and courteous.

Bernie Lehmann

★★★★★

Karen was very helpful and great to talk to. I would definitely recommend her to any of my friends wanting insurance.

Bobbie Violante

★★★★★

I just want to say that my experience with Muhammad sorting out my trip cancellation insurance was the best I could have hoped for - he is patient, knowledgeable and answered all my questions.

mary Mulder

★★★★★

Karen made this experience so easy and less stressful than I thought it was going to be. She was very professional and was able to answer all of my questions thoroughly and made me feel a little confident that I was getting a good product from her.

T Rum

★★★★★

I wanted to thank Dornaz on being very helpful for answering all my questions. She was very polite and patient. I had a a lot of questions.

Selina Allen

★★★★★

I bought health insurance to my company emloyees, and luckily I dealt with Teressa, She was amazing, understanding so helpful.did not bother her I made some changes and mistakes she kept working with me guide me spontaneously , its like we were sitting in same office ..kept going and get the job done as I like, Thank you Teressa, Thank you Alliance income Services

haitham saadedin

★★★★★

Once I was able to get through on the phone, Karen was excellent. She was very friendly, patient and informative. She worked things out with me until she found the policy that I needed.

June Caine

★★★★★

Knowledgeable, curtis and efficient. I am very pleased with Karen expertise and professionality. Definitely I will use her service again.

Magda Mahdy

★★★★☆

Sehar Bajwa was knowledgeable and provided explanations for all insurance coverage. Process was simple and easily done over the phone.

Joe Wery

★★★★★

Muhammad was very patient with me while I decided.i recommend dealing with Muhammad .I think having insurance puts my mind at ease.

Angele Faucher

★★★★★

I always like to shop around to get the best deal, without compromising quality.My research brought me to Allianz and I was contacted by Sehar Bajwa, who answered all my questions and sent me an email with all the details.Not only was Allianz the best price, I also got good service from Sehar.I hope that I will not need the insurance but if I do, I hope the good service I have received so far, will continue.Thank you Sehar.

Sylvain

★★★★★

Good assistance.

Heather Sutherland

★★★★★

Dornaz provided our travel insurance efficiently and promptly. Her communication was clear and professional. Very pleased to work with her!

Dale Hildebrandt

★★★★★

I recently had the pleasure of dealing with Muhammad regarding travel insurance. I can't say enough about him. I had a few issues created by my Costco m/c. He went above and beyond to make changes to my policy because of m/c. I certainly won't hesitate contacting him in future for future travels or recommending him to friends & family. Thank you Mary Rate 110/100

Mary Bortignon

★★★★★

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 B

★★★★☆

Muhammad at Alliance was helpful and responsive.

Kathleen Magladry

★★★★★

Very responsive to my many questions and super efficient process

Alexandria

★★★★★

It was a pleasure dealing with Muhammad . Would deal with him again.

Miriam Hartman

★★★★★

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 Muhammad

Jackie 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. Thanks

T Nguyen

★★★★★

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 szilock

★★★★★

My agent is Muhammad Suleiman

Maria

★★★★★

Dornaz is always very helpful and provides all the details and suggests the best option

Mona Hadisi

★★★★★

Dornaz was extremely helpful and efficient, a pleasure to deal with. Highly recommend her for travel or any insurance questions or policies.

Joe Daigle

★★★★★

Dornaz was very helpful during my search for travel insurance!

C 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- 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

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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.

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