Buying a home is a major financial commitment. Depending on the loan you choose, you might commit yourself to 30 years of payments. But what will happen to your home if you suddenly die or become too disabled to work? Mortgage protection insurance can help your family cover your mortgage under certain circumstances – you can avoid foreclosure if you can no longer work to pay your mortgage. Let’s take a closer look at what MPI is, what it covers and the difference in our Mortgage Protection Plans.

• Peace of mind:
  Knowing that the mortgage will be paid off, even if something unforeseen happens, reduces stress and anxiety for both the homeowner and their loved ones.

• Protection for beneficiaries:
  The plan pays off the mortgage balance, preventing the family from inheriting a debt and potentially losing their home.

• Financial security:
  The plan can help ensure that surviving family members can maintain their home and manage other financial obligations.