Mortgage Protection Insurance
So now that you’ve made one of the largest purchases of your life, protecting yourself and your new investment is extremely important. What would happen if you became critically ill, had an accident or died? Would the family you leave behind be able to continue with the outstanding financial obligation they’ve just inherited?
Protecting your Mortgage Brokers City investment is important. Our clients can opt for coverage through a stand-alone policy of their own or through Mortgage Protection Plan (MPP). MPP has been in the business of protecting Canadian borrowers for over a decade. MPP is insured by the Manufacturers Life Insurance Company and is administered by Benesure Canada Inc.
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Our Best Rates
| Term | Bank Rate | Our Rate |
|---|---|---|
| 6 Month | 4.55% | 4.25% |
| 1 Year Closed | 3.65% | 2.74% |
| 2 Year Closed | 3.89% | 3.04% |
| 3 Year Closed | 3.99% | 2.99% |
| 4 Year Closed | 4.39% | 3.15% |
| 5 Year Closed | 4.99% | 3.29% |
| 7 Year Closed | 5.99% | 3.89% |
| 10 Year Closed | 6.29% | 3.89% |
| VRM Closed | 3.1% | 2.90% |
| Line of Credit | 4% | 3.50% |
