While your home may be one of your greatest assets, the most important thing is ensuring security and stability for your loved ones who you share your home with. With rising household debt and larger mortgages, financial protection has never been more essential to Canadians. That’s why Mortgage Protection Plan® was created.
Could you or your family cover mortgage payments if an illness or accident affected your income? Mortgage Life and Disability Insurance provides peace of mind, ensuring that your home and loved ones are protected during life-altering events. Whether used as a full coverage solution, to supplement existing coverage, or as a safe and simple stopgap until term or permanent insurance coverage can be obtained, MPP is an important part of your mortgage solution.
Mortgage Protection Plan is here for you and your family if the unexpected happens. It can help ensure your mortgage payments are made and your loved ones are taken care of. That’s some certainty in a future that’s uncertain.
Help ease the financial strain on your loved ones with coverage that will pay the mortgage balance if the insured mortgage holder passes away.
Manulife can provide coverage for up to $1 million.
If you are totally disabled for 60 days or more, we will cover your monthly mortgage payments, so you can focus on getting better.**
Manulife can provide coverage for up to $10,000 per month for a combined maximum of 24 months.
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