Keep Your Home Secure No Matter What Happens
Mortgage insurance ensures that your mortgage will be paid in full if you pass away, become critically ill, or are unable to work due to a disability. This protection helps your loved ones keep their home during challenging times without the financial burden of monthly mortgage payments.
Why Do You Need Mortgage Insurance in Canada?
Protect loved ones from mortgage debt burden
Pay Off Mortgages
Clears outstanding mortgage in case of death.
Housing Security
Keeps family in the home without debt.
Stress-Free Borrowing
Peace of mind during mortgage commitments.
Who Needs Mortgage Insurance?
Homeowners
Protect families from mortgage debt.
First-Time Buyers
Extra security while managing new loans.
Families with Dependents
Ensure long-term housing stability.
Why Choose MB Insurance for Mortgage Insurance?
Affordable Mortgage Protection Tailored for Every Borrower
Our mortgage insurance policies are customized to match homeowners’ unique needs, ensuring protection without overburdening budgets.
Experienced Advisors Simplify Mortgage Coverage Decisions
We provide straightforward, expert advice, helping borrowers understand policies clearly and confidently choose mortgage protection.
Transparent Pricing Ensuring True Value for Families
Our mortgage insurance is affordable and transparent, ensuring families always know exactly what coverage they’re paying for.
Responsive Support for Families Managing Housing Security
Our support team provides quick assistance during claims, ensuring families maintain housing stability even in difficult circumstances.
What our beloved client says
Check out what our client have to say about our services
Mortgage insurance pays off your mortgage to the lender. Life insurance provides a payout to your chosen beneficiaries, who can use it for any purpose.
No. Mortgage insurance is tied to your specific loan. If you switch lenders, you must get a new mortgage insurance policy.
Typically, critical illness is not included in standard mortgage insurance but can often be added as an optional rider or purchased as a separate policy.
Your coverage should match your mortgage amount. As you pay down the mortgage, the coverage amount decreases, even though your premium remains the same.
Mortgage insurance is not legally mandatory, but some lenders may require it as a condition of your mortgage, especially with a down payment under 20%.
Need any help!
Contact our team to learn more about our Insurance services
