A tailored solution to your mortgage insurance.
We believe everyone is different, therefore your financial plan should be built around you and your family’s goals and dreams. Protecting our clients' financial future is our #1 priority.
We make sure to protect your mortgage from the unexpected
Life Insurance
We insure your life and legacy. Life insurance is a way of helping your family cope financially when you die. It is intended to provide help to your loved ones when they can't rely on your salary or income any longer. The pay-out can be used to clear debts, pay off the mortgage or just cover everyday expenses.
Disability Insurance
We insure your income in case you’re not mentally or physically capable of working anymore for whatever reasons. Got a plan if someday an injury or accident prevents you from working? Depending on many factors, including your type of work, there is a disability insurance that will fit your exact needs.
Critical Illness Insurance
"Even great sailors always pack a life jacket." We insure your health in case you are diagnosed with a serious life-threatening illness. Just like a journey out into the sea, planning your finances involves planing for any unforeseeable situation. Being prepared in the event of any critical illness will protect you and your family from financial ruin.
A seamless process adapted to your needs
1
Initial Contact
Initial contact with prospective client by phone to book the introduction/discovery/fact-find meeting.
2
Fact-Find Meeting
Meeting face to face, zoom or phone call to identify the clients goals and needs by discussing their entire family's financial situation.
3
Recommendation
We build a tailored recommendation, implement a plan and complete applications for proposed insurance and investment accounts.
Still have questions?
Ask Harry the hedgehog, our in-house advisor
Harry is here to answer any questions about life insurance.
Start a chat by clicking on
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Book an appointment with one of our advisors
What is mortgage insurance?
Often referred to as "mortgage insurance" by banks and other financial institutions, it can often be misconstrued.
The mortgage insurance solutions that we offer are personally owned by YOU.
You own the policy (not the bank)
You choose the beneficiary (your loved ones, not the bank)
You choose the terms and the benefit (not linked to the mortgage or the financial institution)
The price and benefit amount chosen is fixed for the terms that are right for your family.
Separate from your actual mortgage, the purpose of the insurance is to cover your mortgage. But we go above and beyond that with our holistic approach to financial security planning. We look at your entire personal and corporate financial situation to ensure we are recommending the proper amount of insurance for you and yours.
Here to give you peace of mind
CASE STUDY
Jack (29) & Jill (28) Have been dating for 2 years and wanted to move in together but didn’t want to pay somebody else’s mortgage in the form of paying rent. So they decide to invest in condo together. Their parents both approved of their decision to invest together but warned them to protect themselves and always be prepared for the worst case scenario. While going through the process of getting a mortgage approval they shopped around at a couple banks and a mortgage brokerage for rates. The bank mortgage specialist spoke to them about default mortgage insurance (CMHC), should they put less than 20% down payment. Then they were offered their in-house mortgage insurance on the outstanding balance of the mortgage should anything happen to either of them in terms of unexpected death, critical illness and disability. They were very confused. When they spoke to the mortgage broker. They were able to offer a better rate on the mortgage and better service in terms of walking them through the different steps in their first home purchase. This clarified the 3 different types of insurances that are involved in the purchase of a property. Mortgage default insurance (CMHC): Required by all financial institutions in Canada for mortgage loans with less than 20% down payment. To protect the Canadian economy from a mortgage crisis should people default on their mortgage payments. “Home Insurance” : this is required by the notary when signing for the mortgage. Proof of insurance is mandatory. This is fire, theft, vandalism and liability insurance should anything happen to physical property and its contents. “Mortgage insurance” relates to protecting the individual owners of the property and the liability they have taken on in the form of a mortgage to be able to purchase the property. Banks offer this in house coverage that is more similar to credit protection that basically protects the creditor (the bank) more than the clients taking the mortgage. The mortgage broker went on to explain that getting personal insurance is a much better option. And they should explore this with a professional. The mortgage broker then referred them to a financial security advisor to discuss how personally owned insurance to protect the mortgage is much more comprehensive and tailored to your overall financial situation. Jack and Jill met with a financial security advisor who went into detail about the difference between bank mortgage insurance and personally owed insurance and at the same time they saw the value in the big picture. After a discovery meeting, the financial security advisor made some solid recommendations that gave them piece of mind with their recent investment. Knowing they are both fully covered should anything happen to them and their ability to pay their mortgage. Finally they decided to invest in the proposed recommendation from the financial security advisor recommended by their mortgage broker. Term life insurance guaranteed for 25 years for the balance of their mortgage Term critical illness insurance guaranteed for 25 years for the balance of their mortgage Which came out to less per month than what they spend on car insurance!
