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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 709 reviews from ★★★★☆ I had a very positive experience speaking with Karen over the phone. She was extremely helpful, attentive to detail, and took the time to clearly explain all of the insurance coverages available to my mom. Karen was patient, knowledgeable, and made sure we understood all the options before making any decisions. Her professionalism and excellent customer service made the entire process easy and stress-free. I truly appreciated her assistance and would highly recommend her to anyone looking for insurance guidance.joan hutjoan hut ★★★★★ Efficient, knowledgeable and fair pricing for product receivedClaire May PeelClaire May Peel ★★★★★ The gentleman that helped me was great to work with. Quick and easy and an excellent quote.Deborah WilliamsDeborah Williams ★★★★★ Great work, for helping us out regarding our Insurance. Thank you ThereasCarter LaingCarter Laing ★★★★★ Artmiz was great. Very personable & helpful. I just wish she spoke slower on her messages. Just a little bit.Thanks,AnneAnne SchmidtAnne Schmidt ★★★★★ Karen Wright-Ebanks was very friendly, helpful and efficient in searching the best estimates for our needs. I will be contacting her again next year!Kevin GassKevin Gass ★★★★★ Martin was very knowledgeable about the terms of the policy and got back to me, when necessary, I a timely fashion. Martin is very polite and pleasant to talk to .Shelley MoyleShelley Moyle ★★★★★ I cannot say enough about my experiences with Artmiz.I know each time I call her she has done her utmost to give me the best offer and provides the detail so its very easy to understand.I have recommended her to many of my friends.Paul FletcherPaul Fletcher ★★★★★ Good service and reliable and trustworthy information Thank youjerry dubilowskijerry dubilowski ★★★★★ Quick and easyEvelyn BullingtonEvelyn Bullington ★★★★★ Gabrial was the BEST he searched and found the BEST rates and options. My travel plans are so much easier with that help.Bob WarrenBob Warren ★★★★★ Gabriel was very friendly and polite. He answered all my questions and explained my options. I felt very comfortable dealing with him.Barb MooreBarb Moore ★★★★★ Shiwani I was very helpful and a pleasure to work withjoan gowanjoan gowan ★★★★★ Sehar Bajwa was very easy to deal with and answered my queries promptly. A very good experience.MaggieMaggie ★★★★★ Great service from Dornaz. Very courteous and helpful to complete my travel insuranceLyndon PilgrimLyndon Pilgrim ★★★★★ Dornaz got me a less expensive plan and canceled the one I mistakenly purchased. She was very professional and completed things in a quick efficient manner. I’ll be back next year.Here I am next year.Stewart ClowStewart Clow ★★★★★ Gabriel was very helpful and patient with the questions I had. What I liked most is that he would provide the information I needed and then just waited for me to decide without any pressure.judy kohnejudy kohne ★★★★★ I had a great experience speaking with Gabriel .l received a call with in minutes of my inquiry on line . He was very polite and knowledgeable. It took no more than a few minutes to obtain a quote for travel insurance. I will definitely contact him for future inquiries.otilia mirandaotilia miranda ★★★★★ Very professional support.V МV М ★★★★★ Shiwani was a pleasure to interact with …she was knowledgeable and explained every thing in detail when I was looking for information on Out Of Country Health Insurance Coverage. She was extremely patient when I asked her for more clarification /explanation of questions asked.Would certainly recommend her when looking for out of province health insurance coverage .lesley staitelesley staite ★★★★★ Shiwani was most helpful and precise. Because we were leaving the next day for our holiday, we needed insurance quickly. Shiwani has a wonderful customer service and we were able to get our insurance when needed. It was a pleasure working with her.Sue AlexanderSue Alexander ★★★★★ I just recently renewed my travel insurance through Alliance Income Services Corp, with my agent Sehar Bajwa being very efficient and effective to put my coverage in place. I am appreciative and grateful for her excellent service and knowledge. Thank you, Sehar!Brian R. PostBrian R. Post ★★★★★ Clarity about what was offered. Searching for the best deal for me.Vicki RobinsonVicki Robinson ★★★★★ AIS and in particular Donaz was extremely knowledgeable and helpful in recommending our travel insurance at a very reasonable cost. Great work Donaz, thank you!Michael GreenhillMichael Greenhill ★★★★★ I would recommend Ofir from Alliance Income for my travel insurance needs. He was fast, efficient and was able to source my travel insurance needs a a lower price than a was able to obtain from several insurance companies. Thanks!Paul McLeanPaul McLean ★★★★★ very funny, attentive, informative and would return my call within no time at all. followed up with a phone call to the company to further my comfort zone. would definitaly work with him againDiane PareDiane Pare ★★★★★ Gabriel is excellent , full knowledge, polite and respectful, interested in making one feel welcomed. Recommend this sign in service to anyone needing travel insurance.Gavin WattsGavin Watts ★★★★★ it was such a pleasure to work with Artmiz Namazi in my purchase of medical travel insurance. Not often do I receive the care and authentic interest in ensuring that my needs and concerns were addressed. At the end of the day, all the costs were practically the same among many of the financial institution but Artmiz was the difference and her well deserved goodwill finalized the decision to purchase from her. Thank you so much Artmiz for all your help and assistance.Walter JongWalter Jong ★★★★★ I was surprised to receive a phone call from Alliance and then to have Dornaz walk me through the medical questions and quote a reasonable price. She was polite and very helpful for all my needs.Gerry ScharffGerry Scharff ★★★★★ Very efficient and caring individual. He completed his role in a highly professional mannermary lou mcgregormary lou mcgregor ★★★★★ Ofir Mizrahi , he handled all our transaction he was kind considerate and very professional. He made sure I understood the policy. When I couldn’t find what I needed he helped me navigate through. If all your company is as good as him you have great team . If they aren’t I’m glad I had him . Thank you for professional consideration of helping meCaralyn CrockerCaralyn CrockerCaralyn Crocker ★★★★★ Her attention to detail was great. Answered all my questions with no hesitation. Highly recommend contacting her for your insurance needs.Greg GlassGreg Glass ★★★★★ Dornaz provided me with exceptional service,very professional and knowledgeable.Thank you Dornaz for assisting me get my travel insurance,it was a pleasure doing business with you.Dave RandhawaDave Randhawa ★★★★★ Shiwani was very helpful, and explained everything clearlyJoyce JohnstonJoyce Johnston ★★★★★ Ofir was amazing and he was able to get an incredible deal for my upcoming cruise. Very professional!Christine HamiltonChristine Hamilton ★★★★★ Ofir was very helpful and thorough in advising and organizing our trip cancellation insurance for un upcoming trip to Africa.Sheryl DobenkoSheryl Dobenko ★★★★★ Dornanz was vey helpful and went out of her way to find us the best policy.Colleen ButlerColleen Butler ★★★★★ Great at what he does!Rita RoyRita Roy ★★★★★ Dornaz has been very helpful tailoring my insurance policy to suit my specific needs. She was prompt in replying to my messages and questions. Thank you, DornazRichard HumphriesRichard Humphries ★★★★★ I purchased travel insurance from Dornaz several times.She is very knowledgeable and takes time to explain all concerns I would have.I would highly recommend her to anyone who needs to purchase travel insurance.IvanaIvana GremoIvana Gremo ★★★★★ For was very patient and helpfulcathy othmercathy othmer ★★★★★ I appreciated Shiwani patience. She was easy to understand and very helpful when I was concern about my transition. 👍Diane RoyDiane Roy ★★★★★ Great experienceFrank SpencleyFrank Spencley ★★★★★ We bought multi trip ins. today with Artmiiz . Tried different compa nies need to say we found Artmiz very informative patient and professional. Thank you.anthony schiavoneanthony schiavone ★★★★★ Ofir Mizrahi was very helpful and answered all our questions professionally.Bruno SettimiBruno Settimi ★★★★★ We dealt with Ofir who was pleasant to speak with and met all our needs.Shirley WatkinsShirley Watkins ★★★★★ Very professional and friendly service. Made it easy!Sally OrvissSally Orvissjs_loader
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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.

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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:

What is Mortgage Life Insurance, and how does it work?

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.

Who should consider purchasing Mortgage Life Insurance?

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.

What does Mortgage Life Insurance typically cover?

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.

Is Mortgage Life Insurance mandatory when getting a mortgage?

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.

Can Mortgage Life Insurance be cancelled or transferred?

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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