Will my current mortgage insurance with Laurentian Bank be transferred to National Bank during the migration?


Yes. Your mortgage insurance coverage will remain in effect after your mortgage is migrated to National Bank. Your insurer after the migration will be National Bank Life Insurance Company.

 

Following the migration, National Bank Life Insurance Company will send you a new insurance certificate and summary confirming your coverage. They will also provide any required communications and documentation related to your insurance protection to ensure you remain informed about your coverage and any associated updates.

 

No action is required on your part to maintain your existing coverage as a result of the migration.

 

You can review the insurance certificate and summary related to the coverage and options associated with your mortgage insurance options and coverage.