Simplinsur® Creditor Insurance
Personalized, tailored and flexible to your specific needs, Simplinsur® Creditor Insurance can cover your entire mortgage balance, so your loved ones don't have to. Thanks to Simplinsur, it's never been easier to help protect the people you love:
You are automatically covered if you meet the eligibility requirements, and answer "no" to the health questions on the application
Life insurance coverage pays up to $1,000,000 of the outstanding balance of your mortgage in the event of your death as the insured borrower
Disability coverage pays up to $3,500 of your monthly mortgage payment if you were suddenly unable to work due to illness or injury
Critical illness coverage pays up to $500,000 if you are diagnosed with life-threatening cancer, heart attack, or stroke
Thanks to Simplinsur, it's never been easier to help protect the people you love from an unnecessary financial burden.
Let’s talk about taking advantage of our competitive and customizable suite of creditor offerings!
The description herein is a summary only. Please refer to the Creditor Certificate of Insurance for complete terms and conditions, including benefits and exclusions.
© 2017 Simplinsur. All rights reserved. ® Trademark(s) of Simplinsur. Is a registered trademark of the M3 Mortgage Group and its subsidiaries. The content of this brochure is provided for informational purposes only and is not complete in detail. Coverage is optional and is governed by the terms and conditions of group's creditor policy issued to Simplinsur by The Canada Life Assurance Company. Please refer to the Creditor Certificate of Insurance for complete terms and conditions, including benefits and exclusions. Insurance underwritten by The Canada Life Assurance Company with its principal place of business at 330 University Ave., Toronto, ON M5G 1R8.