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Mortgage Protection & Disability Insurance

Protect what YOU love

Your home is your haven – the place where you live, breathe, create and play! By protecting your home you protect your family and their lifestyle. With MCAP’s Home Mortgage Protection, you can rest easier knowing that you have taken steps to give security to your family’s future in case of illness, injury or death.

When an unexpected loss of life occurs, this protection is tailored to possibly discharge your mortgage and potentially provide your family a mortgage free home. The death of a loved one can have a large financial impact on the whole family. It is important to have peace of mind in knowing that they won’t have to give up their home, should you no longer be there to take care of it. (The maximum coverage available to you is $750,000 for Life and $4,000 in monthly mortgage payments for Disability Insurance).

In the event of illness or injury, the last thing you should have to worry about is your mortgage. After all, a disabling injury or illness can leave you off work for long periods of time; this protection will help you continue to pay down your mortgage while you focus on your recovery and return to work. Provided you meet the definition of disability, disability benefits can last up to two years per claim, depending on how long you find yourself off work.

With Home Mortgage Protection, we can help protect one of your most valuable assets — your home. This can help you provide the coverage you need during what may be a life - altering health event.

Customized product, tailor-made for you

MCAP will conveniently collect premium payments for you, no matter what your mortgage payment frequency. Your payments will be collected from your bank account along with your mortgage payments. MCAP forwards your premium to the insurer so you don’t have the inconvenience of paying an extra bill. MCAP’s Home Mortgage Protection & Disability Insurance products are underwritten by Sun Life Assurance Company of Canada which is a leading international financial services organization providing a diverse range of wealth accumulation and protection products and services to individuals and corporate customers. Chartered in 1865, Sun Life and its partners today have operations in key markets worldwide.

Easy to apply

Please contact us at 1-800-265-2624 to apply for MCAP’s Home Mortgage Protection. If you’re between the ages of 18 and 64, and a resident of Canada, you are eligible to apply for coverage of your mortgage balance (100% or 50% partial coverage, depending on the type of coverage for which you apply), up to a maximum of $750,000 for Life and $4,000 in monthly mortgage payments for Disability Insurance. In order to qualify for Disability Insurance you must be working at least 20 hours per week. A maximum of three people can be insured on any one mortgage.

Learn More

Sun Life Assurance Company of Canada is the insurer of this product and is a member of Sun Life group of companies. To contact the Insurer, call 1-877-271-8713 or visit

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