We currently offer a robust line of Mortgage Insurance Solutions to assist with protecting the largest liability that most canadians have. We currently offer the following Mortgage Specialty protection products:

Mortgage Protection Products ** Fully Portable Coverage Available! **

Life*

Mortgage Balance is paid in the event that the applicant passes away due to natural or accidental causes. Up to $1.5 Million in Coverage is available.

Disability*

Mortgage payments are paid for up to 24 months after a 60 day waiting peroid. Each applicant can insure up to 100% of the mortgage payment. Covers principal, intereest, and taxes. Up to $6,000/m in coverage available.

Critical Illness*

In the event that the applicant is diagnosed with a critical illness* and survives 30 days from the date of diagnosis, the insurance company will pay either a 24-month benefit of the insured’s mortgage payment, or a full life benefit that will pay off the mortgage  depending on the carrier.

Job Loss*

If the applicant suffers involuntary unemployment, the insurance company will pay a monthly benefit for up to 6 months.* Both 30 and 60 day waiting periods available.

Accidental Death*

Available for clients who do not qualify for standard coverage and who do not want to insure themselves with guaranteed issue insurance.

Specialty Protection Products

Term Life Insurance*

We are also able  to offer individual life coverage for interested clients

  1.  10,20, & 30 Year Terms.
  2. Life Coverage from $50,000 up to $5,000,000 availabel for ages 18 to 75.
  3. Non Face-to-Face, application.
  4. Simplified Issue term life insurance available ( under $250,000).
  5. Renewable & Convertible.

Can also be used to insure lines of credit, commercial mortgages, and more!

Guaranteed Issue*

Suitable for clients who have been previously turned down for group creditor insurance due to medical issues.

Final Expense*

Coverage ensures that the applicant’s family will have the funds they need to take care of funeral and last expenses. Up to $50,000 in life coverage. No Medical Required.

Issue ages: 40-85

Youth Plus*

Coverage secures a child’s insurability for when they are an adult and policies can be converted to permanent or term. From $35,000 to $175,000 in life coverage. Living benefit of up to $35,000. Simplified issue with no medical exam!

Issue Ages: 0 (15 days) to 17 years (payable to age 25)

* All coverage is subject to the terms and conditions set out in the certificates. Please contact your Obsidian Professional for more details as coverage may vary from carrier to carrier.