Protection Plus Mortgage Life Insurance

Your home is one of your most important investments and one of your family’s most valuable assets. If anything were to happen to you, you would want to protect both your family and your home.

Home Trust Protection Plus provides simple and affordable mortgage life insurance¹ that will help to protect your family from the financial burden of a mortgage in the event of your death.  This is a unique, industry-leading protection product with NO MEDICAL EXAMS and NO INTRUSIVE MEDICAL QUESTIONS.

Protection Plus benefits include:

• Pays for your entire outstanding mortgage amount up to $500,000², less any outstanding arrears

In addition, the same protection is available to a co-borrower or to the guarantor of the mortgage.

Affordable coverage, valuable peace of mind

The cost of this valuable insurance is based on your age, smoker status and the principal amount owing on your mortgage when you apply^†.

Flexible Mortgage Protection

Home Trust Protection Plus offers flexible coverage options:

• Your insurance premiums are drawn from your account at the same time as your regular mortgage payment, and will be converted to the same payment frequency.
• No need to re-qualify at renewal, unless you refinance your mortgage and want to increase your coverage.
• If your insurance needs change, you can cancel at any time.

Simple Application

You are eligible to apply if you are a Canadian resident between the ages of 18 and 70, and are approved for a Home Trust mortgage or are the guarantor of the mortgage.

There are NO MEDICAL EXAMS or tests when you apply  and NO MEDICAL QUESTIONS .

Coverage will take effect immediately with your first premium payment.

So get the protection your family deserves. Call 1-877-903-2133 x 5820 to ask a Mortgage Specialist for a no-obligation quote. We’re available Monday through Friday from 9 am to 5 pm EST.

¹ Home Trust Protection Plus provides group creditor mortgage life insurance underwritten by Foresters Life Insurance Company that aligns with your mortgage over a 25-year amortization period. Defined terms and complete details of all benefits, exclusions and limitations that may apply are included in the Certificate of Insurance and accompanying booklet.
² Total outstanding for all conventional or Canada Mortgage and Housing Corporation (CMHC) insured mortgages held with Home Trust Company.
^† Provincial sales taxes apply in certain provinces. Rates are subject to change.