Save money by replacing your mortgage life insurance
Get better coverage
10 day Money-Back Guarantee.
Call: 1-800-851-9090
Approximately 60% of Canadians that have a mortgage through a Canadian bank have mortgage
life insurance. When you sign up for your mortgage, it’s easy. Simply check “yes” to add the
coverage. But how many of you actually shopped that coverage to see if you were getting the
best rate or that there might be a better coverage option for you.
Here’s an example of how much you could save: A 35 year old male with $250,000 of mortgage insurance:
What you would pay at a leading Canadian bank = $421.20 per year
What you could pay with one of our products = $187.50
Annual savings = $203.70 (48% savings)
More reasons to replace your mortgage life insurance:
Mortgage Insurance
Life Insurance
Only covers the outstanding mortgage
balance.
The benefit is paid directly to your
beneficiary.
Your premiums stay level but your
benefit decreases.
Your coverage does not decrease.
If you go to another bank, you may lose
your coverage and may not qualify for
new coverage.
Your coverage stays in place as long as
you pay your premiums…regardless of
what happens to your mortgage.
Call us today to learn more about our Mortgage Life Insurance
Replacement Program
Call 1-877-851-9090
Copyright (c) 2009 Canada Protection Plan Inc. All rights reserved. Privacy Policy.
The product pricing and details of coverage described on this website, may vary and/or change without notice in the underwriting insurance companies’ discretion and are not guaranteed. Canada Protection Plan Inc. (CPP) is not responsible for any actions, errors or omissions of such underwriting insurance companies. Further, the product pricing and information supplied is not intended as a recommendation as to the suitability of any and all products shown in this website. We strive to maintain the accuracy of all the information provided on this website; but we can not and do not guarantee the validity or accuracy of any of the information provided or displayed. Our insurance carriers include: Unity Life of Canada, Manulife Financial, Reliable Life Insurance Company of Canada, Western Life Assurance Company and TIC Travel Insurance Coordinators Ltd.