Mortgage Protection Insurance Quote

Please be assured with convenient insurance option of BMO. 

Life and Critical illness insurance will help protect your mortgage balance, while disability and loss of employment insurance can help protect your mortgage payments. 

To use this calculator:

Complete the information about YOUR mortgage.

To know the age of the applicant (s).

Select insurance type (s) by using the drop down menu of options is 0%, 50% or 100% of the make upof YOUR CHOOSING.

Click on the Calculate button for a Quote.

To try again with different numbers, type in your old phone number, or press the Reset.

Mortgage protection insurance:

For life and critical illness insurance for each borrower on the mortgage can choose 50% or 100% coverage of the mortgage balance, up to the maximum coverage limits.

For people with a disability and loss of employment insurance for each borrower on the mortgage can choose 50% or 100% of the mortgage payment insurance, up to a maximum coverage limits.

Monthly premium rate based on the borrower's age at the time of filing. The premium is calculated foreach insured person. If two or more people are insured, the maximum discount rate will apply based on the age of each insured person.

Please refer to the certificate of insurance for complete details.