Mortgage Protection

We at the Bob Hanscom Mortgage Agency advise our clients to consider Mortgage Protection when buying a home.

Our mortgage protection is provided by MPP, which is underwritten by Manulife. MPP offers protection if you were to become disabled or as a result of death. The fact of the matter is:

• 11.4% of Canadians suffer from some form of disability, with 43% of those disabilities being severe or very severe (source: Statistics Canada)
• mortgage payments will continue to come out if you can't work or if you pass away

With our Mortgage Protection plan, your coverage starts as soon as the application for mortgage protection is completed and you have 60 days to cancel with full refund of any premiums if you need to. You can also take the mortgage protection with you every time you move, regardless of what bank or lender you use.

For questions about Mortgage Protection, talk to your Bob Hanscom Mortgage Agency advisor.


Until then, here is a little video clip about what Mortgage Protection is with our insurer, MPP: