Mortgage Insurance.

100% Easy.

Let’s Do This!

Call 1 (780) 429-2919

Get a free home insurance quote online from Excel Insurance Group, an Assurex Global Partner

Mortgage Insurance made easy.

 

 It’s this Easy

Exciting times are ahead as you start the search for your dream home! You’ll spend the next while analyzing your family’s housing needs, calculating how much real estate you can afford and shopping for the best mortgage rate. While you’re working on the to-do list, take some time to consider the type of mortgage insurance product that best meets your family’s needs.

To start, the mortgage insurance your lender will try and sell you may not be the ideal solution. Insurance should be designed to support your loved ones. However, unless you consider your bank a “loved one,” you might want to consider another option.

An individually-owned term insurance plan, like Manulife’s Family Term, offers you better guarantees and greater choice of coverage options, regardless of your mortgage balance.

Best of all, you can designate your loved ones as beneficiaries under the policy. This means the insurance benefits go directly to them upon your death, and they decide how best to use the money.

We will be calling you in a few days to arrange a time for us to get together to discuss your life and mortgage insurance needs.

Excel helped me insure the value of my home without me having to pay out a ton of money to my bank. They helped me realize that I have better insurance going with them and not the banks.
Amy, Mortgage Insurance Client
These guys make so much sense. Why go with a bank for mortgage insurance? If you do that, the bank is the beneficiary instead of me!
Sarah, Mortgage Insurance Client
I’m really happy to recommend Excel. There is so much value in mortgage insurance that acts more like life insurance. Thanks guys.
Jason, Mortgage Insurance Client

Simplified Mortgage Insurance. Right Here.

Call 1 (780) 429-2919

I have a few questions about my mortgage insurance quote

Generally speaking, mortgage insurance with Excel is delivered through a life insurance policy and it offers protection against loss to/of your home by giving you enough money to pay for your mortgage as well as any surplus.
There are several types of mortgage insurance you can get for your home(s). We will sit down with you to figure out the best type of insurance for you – and the one that makes sense.
Excel works with you to build the best insurance program for you. We have teams dedicated to home and auto insurance, as well as your toys, and we have other teams devoted to life insurance and mortgage insurance options.
So many different things can be covered under you home insurance policy and we happy to help you go through it all when you we provide you with an home insurance quote. Different insurance coverages include:

  • Replacement coverage or coverage for repairs to your home as a result of insured losses [ex. Sewer back ups, hail and wind damages (including tornados), fires, vandalism]
  • Contents coverages (personal belongings)
  • Additional living expenses (coverage to stay in hotels etc should your home be uninhabitable after a loss)
  • Replacement coverage for detached structures (sheds, fences, gazebos etc.)
  • Coverage for high valued items may be purchased (expensive jewellery, watches, fine arts & collectables, musical instruments etc.)
  • Worldwide liability coverages (coverage to protect you legally in the event you are deemed negligent in an event. Some examples could be found in you riding a bicycle and then accidentally run into an automobile and cause damage. Another might be if you fail to shovel/sand your walkways and someone slips and is injures themselves. Another might be if your dog bites someone (etc.).
  • Coverage may be purchased (where offered) for residential health care
  • Voluntary medical and property damage. If someone or their personal property kept at your home, is injured or damaged, through no fault or negligence on your part, you may voluntarily use your insurance to assist in paying costs for medical attention or repair/replacement of the property that was damaged
  • Identity theft coverage (covers the costs associated with proving your identity, replacement of identification cards, loss of wages, court and lawyer fees etc.)
  • Automatic (limited) coverage for small boats, furnishings of, their equipment & motors
  • Bylaws coverage is often included. In the event laws have changed in the area when your home was built, and your home has to be altered in the rebuild to meet the new regulations/requirements, resulting in an increase in costs, this coveage will assist
  • Garden tractors are automatically covered
  • Utility trailers are automatically covered
  • Business property kept at your residence can be insured with additional coverage purchased
  • Fair rental value is offered on rental policies for landlords
  • Personal property while stored in a warehouse (for a specified number of days agreed upon with the company)
  • Coverage for landscaping (with limitations based on the specified companies)
Exciting times are ahead as you start the search for your dream home! You’ll spend the next while analyzing your family’s housing needs, calculating how much real estate you can afford and shopping for the best mortgage rate. While you’re working on the to-do list, take some time to consider the type of mortgage insurance product that best meets your family’s needs.
To start, the mortgage insurance your lender will try and sell you may not be the ideal solution. Insurance should be designed to support your loved ones. However, unless you consider your bank a “loved one,” you might want to consider another option.
An individually-owned term insurance plan, like Manulife’s Family Term, offers you better guarantees and greater choice of coverage options, regardless of your mortgage balance.
Mortgage insurance is different than home and tenant insurance. You typically get life insurance when you are a renter.