Mortgage Insurance

Nova Scotia & New Brunswick

If you have a mortgage, then you should have mortgage life insurance. Mortgage life insurance is a form of coverage that pays off your mortgage in the event that you die. This provides added peace of mind knowing that if you should pass away, your loved ones will not be burdened with the cost of paying a mortgage. OTC Insurance offers mortgage insurance for its clients in Nova Scotia and New Brunswick.

We also offer other forms of life insurance coverage, such as

  • Permanent insurance – This is life insurance that remains in place until the policy pays out.
  • Term insurance – This provides life insurance coverage for a specified number of years.
  • Critical illness insurance – is a form of coverage that protects people in the event they become critically ill. A critical illness can impose a significant financial burden on people and can disrupt their lives significantly. Critical illness insurance pays a lump sum following the diagnosis of a covered illness.

Whole life insurance – is life insurance that protects you from the date of purchase until the day you die. It guarantees a lifetime of protection and the cash value of the policy can be accessed during the insured’s lifetime to help with temporary needs or emergencies.