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Mortgage Payment Insurance

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Provide a peace of mind for you and your family by enrolling in Parachute Mortgage Payment Insurance. We have partnered with Flap to offer mortgage payment protection insurance so that you can safeguard you and your family against unexpected mortgage non-payments due to job loss, critical illness, disability, or accidental death. 

Job Loss

Critical Illness


Accidental Death & Dismemberment

Why Mortgage Protection?

Mortgage payment insurance can help cover some or all of your mortgage payments in the event of an illness, disability, involuntary job loss or death. Insurance premiums are collected as a small percentage of monthly payment, making it an affordable and manageable option. Mortgage insurance provides peace of mind for you and your family against mortgage non-payments, and it offers security should you experience an unexpected event or reduction in your income. 

To be eligible for mortgage payment insurance:

  • Aged 18 - 65 years old

  • Be a citizen or permanent resident of Canada

  • Employed full-time (work over 25 hours a week)

  • Not self-employed


Enroll Me Today

Sign up is easy! Provide us your mortgage information, and we will take it from there!

Have Questions? Contact us!

Flap Technologies Canada Inc.

1460 The Queensway

Unit B352

Toronto, ON, M8Z 1S7

© 2023 Flap Technologies, Inc.

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