HomeProtector® Mortgage Insurance

Protect All That You’ve Achieved

Safeguard your financial future

Help protect your mortgage and family against life’s what-ifs, choose the security of HomeProtector® Mortgage Insurance for your RBC Royal Bank® mortgage.

Your Home, Your Lifestyle

When you chose your home, you chose a neighbourhood to live in and schools to send your kids to.

…you chose a lifestyle for your family,

…and there is a way to help protect it.

Right now, your finances and mortgage add up nicely.

But what if you got sick or hurt, and were suddenly unable to work?

By protecting your mortgage balance with insurance, your payments could be made for you.

That means any additional income is preserved to take care of your other expenses.

You can’t predict the future, but you can help to ensure that once you’re in your new home, you’ll stay there, with a protected mortgage balance from RBC.

Talk to a mortgage specialist today.

Call 1-877-769-2570 to talk to a mortgage specialist about helping to protect your mortgage.

Legal Disclaimers:

HomeProtector insurance is an optional creditor’s group insurance program, underwritten by The Canada Life Assurance Company, and is subject to terms, conditions, exclusions and eligibility restrictions. Benefit maximums: life coverage—the outstanding balance of your mortgage to a maximum of $750,000, disability coverage—your regular mortgage payment to a maximum of $3,000 monthly for up to 24 months, critical illness coverage—the outstanding balance of your mortgage to a maximum of $300,000.

®/™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.

Your Home, Your Lifestyle

Buying a home is a tremendous achievement. It’s also one of the biggest financial commitments you’ll ever make, which is why it’s important to make sure you and your family will be able to continue to make your mortgage payments in the event of death, disability or a critical illness.

Customize your protection

Choose life insurance only—or add critical illness or disability insurance for more protection.

Lock in premiums

Your premium will be locked in based on your age and mortgage balance when you apply. Your rate will not increase due to your age as long as your balance does not increase during the life of your mortgage or you don’t refinance your mortgage.

“Why do I need protection?”

If you lose your job, any group disability insurance coverage through your work place may terminate, meaning you and your family could be left without coverage.

Typically employers only provide coverage that amounts to 1 to 2 times your salary in the event of your death, and about two-thirds of your income if you are disabled and unable to work due to illness or injury.

Read full FAQs
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How much will it cost?

Get a quick quote to see what your HomeProtector coverage would cost.