Mortgage Insurance

When you die, mortgage insurance acts to protect those you love so they won’t be burdened with your mortgage debt.
No delay in death benefit payment
Accumulated value of policy tax free
Better than what you’d get at a bank

 Instant, online, in minutes

WHY INSURANCE OPTIMAL?
What is Mortgage Insurance?

Mortgage Insurance is a form of Term. It requires a monthly fee to be paid by those holding mortgages. Should you be unable to continue paying that mortgage at any time due to unforeseen circumstances or death, it will continue to make those payments for you. It is better than what a bank offers.

Mortgage insurance is a monthly fee paid by mortgage-holders to protect themselves or their families in the event that the mortgage holder is unable to continue paying the mortgage, due to death or unforeseen circumstance. This insurance is often mandatory for new homeowners.

When is Mortgage Insurance mandatory?
Yes, it is often mandatory for new homeowners. In Quebec, mortgage insurance is legally required with most financial institutions.

Quotes for Mortgage Insurance

What does Mortgage Insurance cover?
Well, if you pass away, your policy will pay off the balance of your mortgage. It also protects the lender, which is partly why it is often mandatory for new homeowners. The value of this policy in terms of peace of mind is immeasurable. Some policies can also offer protection should you become disabled or face unforeseen circumstances.

Quotes for Mortgage Insurance

Our Protection Plan offers:
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Premiums that do not increase as you age, provided your mortgage amount does not change
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If you change mortgage lenders during the term your insurance covers, the insurance continues with a new lender

If you want simple and affordable mortgage insurance that protects your loved ones from financial burden when you die, this is a good option to consider.

INSURANCE OPTIMAL
A Mortgage Insurance Policy Protects Your Loved Ones
When you a home with this kind of policy, you will never have to worry about your family facing foreclosure should you suddenly become incapacitated or pass away.
WHY BUY THROUGH INSURANCE OPTIMAL?
Simplified Life Insurance that Works
Life Insurance should free you to live your life. We offer numerous conveniences:
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Initiate your application in the comfort of your home
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Online support when you require it
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We help you sift through the jargon
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No delay in coverage beginning
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Insurance at affordable rates
SUPPORT
Not sure what insurance you need? We can help.
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Willing to answer a few questions?
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Talk to us about options and a quote
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Begin coverage immediately or save for later
 100% no obligation to accept.

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World-class coverage that rewards you with
wealth while you’re alive.