Protecting your investment.

Buying a home is one of the single largest purchases you will make in your lifetime. At Dominion Lending Centres we believe it is an investment in you and your family’s financial future.

45% of uninsured Canadians included life insurance among their top five financial priorities.

21% ranked it in their top three –however they still have no coverage.

76% of parents worry about their family’s financial situation in case of their death. (Ipsos Reid report, 2021)

What will your family do if something happened and they were left to make the mortgage payments on their own?

Mortgage Protection Insurance (MPI) protects your investment and secures your family’s financial well-being as a result of the death of you and/or your spouse. MPI will pay off your mortgage allowing surviving family members to:

  • Use other existing insurance to carry on with life
  • Maintain their lifestyle
  • Recover from your loss

How does the mortgage insurance at DLC compare to others?

The mortgage insurance offered through Dominion Lending Centres has great features that traditional bank mortgage insurance doesn’t provide. That includes:

Portability so when it’s time to renew your mortgage you won’t lose your coverage. Subsequently, you won’t have to re-qualify, no matter how many times you change homes or lenders in the future.

Secondly, premiums don’t increase with changes in health or as you get older.

Additionally, Mortgage Protection Plan includes two vital insurance products for your mortgage protection: Life Insurance and Total Disability Insurance.

With both in place, your mortgage is protected in death or a serious accident/illness leaves you unable to work. By comparison, most traditional term life policies only cover you in the event of death.

How to apply

Nicole can walk you through the ins and outs of mortgage life insurance and the applicable costs. You will be provided with instant coverage and a money-back guarantee. Just in case you choose alternative coverage, you are able to cancel your policy within 60 days.

Make the simple choice to protect your mortgage with life and disability insurance today.