Protect your family, not the bank's balance sheet.
See prices from Canadian insurers in about two minutes. Your policy is approved up front, your coverage never shrinks, and the payout goes to the people you choose.
- Licensed Ontario advisor, licence 11120499
- Live prices from 7 Canadian insurers
- Approved before you need it, not after a claim
Bank coverage or your own policy?
Both protect a mortgage. They don't protect it the same way.
Bank coverage
- Health checkOften after a claim
- CoverageShrinks with your balance
- Paid toThe lender
- Switch lendersUsually ends
- Who advises youBank staff
Your own policy
- Health checkBefore approval
- CoverageStays level
- Paid toYour family
- Switch lendersGoes with you
- Who advises youA licensed advisor
How it works
Answer seven questions
Age, coverage, term and a few details. No medical questions to get a price.
See prices from Canadian insurers
Real premiums from seven insurers, ranked lowest first. Estimates until the insurer reviews your application.
Apply with Amal
A licensed advisor helps you pick the coverage and complete the application. Your family, not the bank, is the beneficiary.
A real person, on your side.
I'm Amal. I compare insurers for a living, and I'll tell you plainly when the bank's coverage is the better deal. Most of the time it isn't. Either way, you'll know your number before we ever talk.
Licensed life insurance advisor, licence 11120499, Ontario.
Questions people ask
Isn't this the same as the bank's mortgage insurance?
No. Bank coverage is a group policy the lender owns: it pays the bank, shrinks as you pay down, and is usually checked for health only after a claim. Your own policy is approved before you need it, stays level, and pays your family.
What does it cost?
Most people guess far higher than their real price. A healthy 35-year-old non-smoker often pays under $50 a month for $500,000 of 20-year term coverage. Your price depends on age, health and coverage, and is an estimate until the insurer reviews your application.
Do I have to do a medical?
It depends on the insurer, your age and the amount. Many policies need only a phone interview; some need a nurse visit. Amal will tell you before you apply.
What if I switch lenders or sell the house?
Your policy comes with you. Bank coverage usually ends when the mortgage does.
Who is Amal?
Amal Mahendran, a licensed life insurance advisor in Ontario, licence 11120499, working under AT Financial Group. He compares Canadian insurers for a living, and he is the person who calls you. There is no call centre behind this.
Know your number tonight.
Most people guess far higher than their real price. See yours in about two minutes.
See my price