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Mortgage Protection Insurance Calculator

Enjoy a greater sense of financial stability with BMO's flexible and affordable coverage options. Life and Critical Illness Insurance can help protect your mortgage balance, while Disability and Job Loss Insurance can help protect your mortgage payment.
Our handy calculator allows you to view your insurance premium quote based on your selected coverage options.

First, tell us about you and your mortgage:

All fields are required unless called out as optional.
The payment amount should include property taxes if included in the mortgage payment

Now, let’s look at your desired protection coverage.

Life Insurance & Critical Illness Insurance
Would you like to add Life Insurance coverage?
Add Critical Illness Insurance to your life insurance?
Disability Insurance & Job Loss Insurance
Would you like to add Disability Insurance coverage?
Add Job Loss Insurance to your disability insurance?

Your Insurance Quote

based on payment frequency
Life Insurance
Critical Illness Insurance
Disability Insurance
Job Loss Insurance
Total insurance payment , footnote star

(plus provincial sales tax if applicable)

Total mortgage payment
(including insurance)
The premium rate is based on a borrower’s age at time of application. Premium is charged for each person insured. If two or more persons are insured, a multi-insured discount rate will apply based on the age of each person insured.
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