Mortgage Insurance

Protect your family, and your home

Your home is one of the most important investments you’ll ever make. Yet a death or disability could quickly turn this haven for you and your family into a heavy financial burden. That’s why HSBC Insurance offers Mortgage Life and Disability Insurance. This valuable creditor protection gives you comprehensive coverage at affordable rates, with discounts for joint coverage. And unlike many other banks, HSBC will cover your home in Canada even if you live abroad.

Mortgage Life Insurance

With Mortgage Life Insurance from HSBC, the remaining principal and interest on your HSBC mortgage are paid in full up to a maximum of $500,000* should you or your co-insured partner pass away. So your loved ones won’t have to worry about losing the family home. And you can enjoy peace of mind today knowing they’ll be well provided for in the future.
Learn more about HSBC Mortgage Life Insurance

Mortgage Disability Insurance

Did you know that close to four million Canadians get injured each year, yet almost half have no disability insurance? If you have Mortgage Life Insurance from HSBC, you could also get Mortgage Disability Insurance. This great-to-have protection will pay you up to $3,000 a month for as long as 24 months if you become disabled due to a covered illness or injury. You’ll start receiving these payments after a 60-day waiting period, giving you the security of knowing you’ll have money coming in while you recover.
Learn more about HSBC Mortgage Disability Insurance