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HSBC Mortgage Insurance

HSBC offers dedicated Mortgage Insurance plans to protect your biggest investment - your home those who live in it. There are two types of insurance plans provided:

HSBC Mortgage Life Insurance - covers up to $750,000 of your outstanding mortgage if you or your covered partner pass away. Discounts are offered for joined coverage. This plan ensures that your Canadian property is protected even if you live abroad.

HSBC Mortgage Disability Insurance - provides mortgage payment of up to $4,000 a month for a maximum of 2 years if you are disabled due to covered illness or injury. The benefit is payable after a 60-day waiting period. Discounts are offered for joined coverage. This policy offers protection for your Canadian property even if you live abroad.

Please compare this institution to the rest of the Canadian market to ensure you’re getting the best possible conditions on your life insurance coverage.

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Compare Canadian Life Insurance
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Cover for:
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Types of cover:

Life Cover

Life Insurance pays a sum to the beneficiary of the insured’s policy in the event the insured dies during the term of the policy.

Critical Illness

Critical Illness Insurance pays a benefit to the insured in the event the insured is diagnosed with a predefined illness during the term of the policy.

If not sure please select OTHER

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Amount of Cover:

Here you can choose how much you would like the beneficiaries of your policy to receive in the event of your death.

Things you may consider are the amount required to maintain your family’s standard of living and the cost of paying off any large debts you may have such as a mortgage.

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