If something happened to you, would the house stay in the family?
Mortgage protection is life insurance sized to your mortgage, except the money goes to your family instead of the bank. They decide whether to clear the loan, keep paying it, or use it for something more urgent. Answer a few questions and see what it would take to cover yours.
- Your family is the beneficiary, not the lender
- Coverage stays level
- No medical exam
Which province is your home in?
Coverage and rates vary by province, so this is where we start.
Not listed? We aren't able to help in Quebec, Newfoundland and Labrador, Prince Edward Island, or the territories right now.
How much coverage are you looking for?
Most homeowners pick roughly what's still owing on their mortgage. A rough number is fine, you can fine-tune it later.
How old are you?
Age is the single biggest factor in what a policy costs.
What is your gender?
Insurers price men and women differently, so this affects your quote.
Have you used tobacco or nicotine in the last 12 months?
Cigarettes, vapes, and cannabis all count. Answering honestly keeps your quote accurate.
Almost done. Who is this for?
Just so your quote has a name on it.
Last step: confirm your number
We'll text you a 6-digit code. It takes a few seconds and keeps bots out of the system.
Enter your verification code
One quick check that the number is real. Then you are done.
We texted a 6-digit code to your number.
Didn't get it?
Free · No obligation · Your details stay private
You're all set, there.
Your number is verified and your request is with a licensed Canadian advisor. They'll call you at your number. Keep your phone close by.
A licensed advisor calls you
A real person, licensed in your province. They'll confirm the few details you just gave us, including what's still owing on the mortgage, so the numbers they quote are actually right.
You see your options
What it takes to cover the balance, what it takes to cover more, and what each costs per month. Plain figures, no jargon.
You decide, or you don't
If a plan makes sense you can usually apply on the same call, with no medical exam. If you'd rather think it over, that's a completely normal answer.
- Pick up even if the number looks unfamiliar. It's a licensed advisor, not an automated call, and most conversations run about ten minutes.
- Know roughly what your mortgage payment is. It helps them frame the cost against something you already budget for.
- Think about who'd be living in the house. A spouse, children, a parent. That's usually who the coverage is really for.
- Ask about the bank's version. Most lenders sell their own mortgage insurance. It's worth understanding how the two differ before you choose.
When will the advisor call?
Usually within a few minutes during business hours. If you finished this in the evening or on a weekend, expect the call on the next business day.
Does my lender find out?
No. This is a personal life insurance policy that you own. Your mortgage, your lender, and your existing payments are not affected in any way.
How is this different from the bank's mortgage insurance?
With a lender's policy the payout generally goes to the lender and shrinks as your balance drops. With a personal policy the coverage stays level and your family receives the money, then chooses what to do with it. Your advisor will go through the specifics.
Does this cost anything?
No. The quote and the advice are free, and you are never obligated to buy. If you do take out a policy, your only cost is the premium you agree to.
Who is Quickest Coverage?
Quickest Coverage is a lead referral service operated by JustRates Inc., a Canadian performance marketing company. We are not an insurance company or a broker, and we don't issue policies. We connect Canadians with licensed insurance brokers and advisors, and we are paid a referral fee when we do.
Your details go to the licensed advisor handling your request. We are paid a referral fee for the introduction, and we never add you to unrelated marketing.
Answer a few questions
Province, coverage, age, and a couple of health basics. About sixty seconds, no medical exam.
We verify it's you
One text message with a code. It keeps bots out, so only genuine enquiries get through.
A licensed advisor calls
They bring your options, answer your questions, and help you apply if you want to. No pressure either way.
The people who own the house, and the people who live in it.
The mortgage doesn't pause because someone died.
The payment is still due next month
On one income instead of two, a payment that used to be comfortable becomes the whole problem. Coverage buys the time to work out what happens next.
Your family gets the money, not the bank
They can clear the mortgage, keep paying it and use the rest for living costs, or move somewhere that suits them better. It stays their decision.
The coverage doesn't shrink
A personal policy stays at the amount you chose. It doesn't wind down alongside your remaining balance the way a lender's policy typically does.
No medical exam
A handful of health questions on the phone, and that's the underwriting. No labs, no needles, no waiting on results.