Mortgage insurance

Your home is probably the largest investment you’ve ever made. And your mortgage payment may be one of your larger monthly expenses. But your home represents a lot more than just money. It’s also where you spend quality time with your spouse, where you get together with family, friends and neighbours, and where you raise your kids.

But what would happen if you or your spouse passed away or were injured or ill and unable to work for an extended period of time? How would your family keep up with the mortgage payments? One answer to that question is mortgage life insurance and mortgage disability insurance.

Use the Mortgage Insurance Calculator to see how premiums can easily be combined with your regular mortgage payments. To apply or find out more information, visit a local BMO branch or meet with a BMO mobile Mortgage Specialist.