Mortgage Protection Plan

Your home may be your greatest asset, but at the end of the day, the most important thing in life is family. With the rise in illness, household debt at an all-time high and Canadians carrying bigger mortgages, financial protection is more important today than ever. That’s why Mortgage Protection Plan® (MPP) was created.

It's about more than just insurance


of MPP claims are made within the first 2 years of a mortgage.

1 in 3

Canadians will be disabled for 90 days or more before age 65.


of Canadian households would have difficulty paying everyday living expenses if the primary wage earner were to pass away.


of deaths in Canada are caused by heart disease, making it the second leading cause of death in Canada after Cancer.

1 in 2

Canadians will develop cancer in their lifetime. Cancer can affect people of all ages.

10 months

is the average length of time disabled claimants are off work.

Mortgage Protection Insurance

Waves 3

As exciting as buying a home is, it’s more than just a place to live. It’s the place where life happens. Mortgage Protection Plan® is about more than just insurance/ It’s about helping to make sure the people you love are protected.

*Additional conditions and limitations may apply. ** Total disabled means that you cannot perform the essential duties of your normal job due to illness or injury (if you are employed) or you have difficulty with two or more daily activities like eating, getting out of bed, dressing, toileting or walking (if you are unemployed). Accessible formats and communication supports are available upon request. Visit for more information. Mortgage Protection Plan® (MPP) Insurance is underwritten by The Manufacturers Life Insurance Company (“Manulife”). Credit Security Insurance Agency Inc. (“CSIA”) and its appointed agents provide insurance sales services. CSIA is an affiliate of Manulife. Manulife, Manulife & Stylized M Design, Stylized M Design and Mortgage Protection Plan are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license. Manulife, P.O. Box 4213, Stn A, Toronto, ON M5W 5M3. © 2018 The Manufacturers Life Insurance Company. All rights reserved. Sources: Canadian Cancer Society, Canadian Cancer Statistics, 2017. Statistics Canada, 2018. Manulife Bank Survey on Canadian Home Ownership, 2017. Data from 10 years of Mortgage Protection Plan insurance claims. Canadas Life and Health Insurance Association, A guide to disability insurance, January 2016. LIMRA, Canadian Life Insurance Ownership, Household Trends, 2013. Mortgage Creditor Claims Reports, 2016.