Don't Overpay for Bank Mortgage Insurance

Your bank sold you mortgage insurance at closing. But there's a better, cheaper way to protect your home, and your family gets the money, not the bank.

Get Your Mortgage Protection Comparison

See how much you could save with personal life insurance instead of bank mortgage insurance.

You'll get an email in a few minutes with a detailed comparison and how to make the switch.

Skyler Chartrand

Skyler Chartrand

"As a homeowner myself, I've seen firsthand how banks push these expensive policies at closing. I'll show you the better, cheaper way to protect your family."

The Problem With Bank Mortgage Insurance

When you signed your mortgage, your bank probably offered you "mortgage insurance." It sounds smart: if something happens to you, the mortgage gets paid off. But here's what they didn't tell you:

  • The bank is the beneficiary, not your family. If you die, the bank gets paid. Your family gets nothing.
  • The coverage decreases, but your premium doesn't. As you pay down your mortgage, your coverage drops, but you keep paying the same price.
  • It's more expensive than personal life insurance. Banks mark up the cost because it's convenient for them, not because it's a good deal for you.
  • You might not even qualify when you need it. Bank mortgage insurance does the medical underwriting AFTER you die. If you don't qualify, your family gets nothing, even though you paid premiums for years.

The Better Way: Personal Life Insurance

Personal term life insurance costs less, gives your family the money directly, and covers more than just the mortgage. Here's what you'll discover in the free comparison guide:

What's Inside the Comparison Guide?

Get the simple, 1-page guide that shows you the truth.

  • Who Gets the Money? We compare who the "beneficiary" is (the bank vs. your family).
  • Decreasing Coverage: See a chart showing how the bank's policy loses value over time while your premium stays the same.
  • Cost & Portability: A side-by-side look at a real-world cost example and what happens if you switch banks.
  • The Underwriting "Trap": Learn about the #1 risk with bank insurance that could leave your family with nothing.

Fill out the form above and I'll send you the full comparison guide and a simple 3-step plan on how to make the switch (and start saving).

Skyler Chartrand

Skyler Chartrand

Licensed Financial Security Advisor

License #: 23215561

I'm a homeowner myself, and I've seen firsthand how banks push expensive mortgage insurance at closing. I left the corporate financial world because I was tired of seeing people sold products that weren't in their best interest. If you're a homeowner in Northern Ontario, I'll give you straight answers about protecting your mortgage and your family.

MBA, Laurentian University
Licensed Life Insurance Agent
Homeowner in Northern Ontario