HomeProtector® Mortgage Insurance

Protect All That You’ve Achieved

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.

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.

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.

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How much will it cost?

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