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Mortgage Protection

Protect Your Home — Not Just the Bank's Loan

Your mortgage is likely your biggest financial commitment. Independent mortgage protection through NSP Inc puts your family first — not your lender.

$800K+

Average Canadian home price — your biggest financial obligation

1 in 3

Canadians have no mortgage protection beyond bank insurance

Portable

Independent policies move with you — bank insurance doesn't

Your Choice

Payout goes to your family, not the bank

Coverage Options

Tap the icon to understand each option and how it compares to bank-sold insurance.

Decreasing Term Life Insurance

Coverage that decreases as your mortgage balance shrinks

Level Term Life Insurance

Fixed death benefit regardless of your remaining mortgage

Mortgage Disability Rider

Covers your monthly mortgage payment if you become disabled

Critical Illness Add-On

Pays a lump sum on diagnosis to protect your home

Portability

Coverage moves with you when you change homes or lenders

Beneficiary of Your Choice

Your family gets the payout — not the bank

Bank Insurance vs. NSP Inc

BankNSP Inc
BeneficiaryThe BankYour Family
Payout decreases?YesOptional
Portable?NoYes
Switch lenders?Re-qualifyNo change
Medical underwritingAfter claimBefore policy

Don't rely on bank mortgage insurance alone

Bank creditor insurance is post-claim underwritten — meaning your claim can be denied after you die if a health issue wasn't disclosed. Independent policies are underwritten upfront, so you know you're covered before you need it.

Protect Your Home the Right Way

Marie will compare independent mortgage protection policies from Canada's top carriers and show you why they beat bank insurance — every time.