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Important Things

Insurance Options

Worry Less

Insurance is one of the best ways to ensure that you and your family are cared for in the event of a catastrophe or medical emergency. We offer a wide selection of products, from close affiliate companies that we trust, and we believe can best serve your needs. Coverage includes personal loans and mortgages, and unique travel protection geared to your travel plans.

Peace of Mind While You Travel

Our members get excellent rates on travel insurance coverage. Whether you are travelling to the U.S or overseas we'll get you covered. With excellent rates, 24/7 access to emergency travel assistance and a great claims service we will make sure your trip is relaxing knowing that you are covered. 

Learn more about Travel Insurance below. 

Protecting You Against Fraud

Real estate title fraud in Canada continues to rise. Find out how title insurance can protect you against the devastating effects of real estate fraud and identity theft.

Learn more about Title Insurance below. 

What’s Your Financial Situation?

Talk to one of our financial specialists to create a plan for your future. 

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Insurance Options

High-Ratio Mortgage Default Insurance

Mortgage Default Insurance, also known as High-Ratio Mortgage Default Insurance, gives homebuyers the ability to purchase a home with less than a 20% down payment and protects the lender in case of a default.

The cost of this insurance is based on the amount of the mortgage and the premium can be added onto the mortgage amount. In Ontario, the provincial sales tax is payable by the borrower and should be factored into any closing costs.

To find out more information on mortgage default insurance service offerings and pricing contact one of our experienced Mortgage professionals.

Protect Your Purchases Made by Debit or Cheque

Buyer Protection/Extended Warranty coverage provides protection for 120 days (from date of purchase) on most retail items* of personal property (including gifts) against loss, theft, or damage when purchased by using your MEMBER CARD® debit card or by writing a cheque on your MSCU account.

The Extended Warranty coverage also doubles the repair period on a manufacturer's authorized Canadian warranty for up to an extra two years for virtually all purchases.

*A few exclusions such as plants, animals, cash, etc. For details call our offices, or check the Certificate of Coverage on this site.

Certificate of Coverage 

We have partenered with CUMIS to offer you “Get Travelin’” insurance program. It is designed to fit your travel lifestyle. Administered by Allianz Global Assistance Canada, it offers competitive and comprehensive coverage, preferred rates and quality customer service.

The Get Travelin Insurance Program offers members:

Up to $10 million in out-of-province coverage for emergency hospital and doctor visits

  • Exceptional claims service when you need it most
  • Affordable coverage with plans starting as low as $20 per trip
  • 24/7 access to multi-lingual emergency travel assistance
  • Convenient multi-trip plans ideal for frequent travellers, including an 8-day plan
  • Assistance with lost or stolen travel documents
  • Quick and easy application process

Affordable Coverage:

CUMIS Travel Insurance Program rates are calculated based on where you plan to travel, the duration of your trip and your age. You may be eligible for a plan as low as $2 a day and it only begins when you need it!  Be Travel Ready - 5 Tips to help prepare for your next adventure

Additional Benefits:

  • Comprehensive Medical Support. 24/7 access to emergency assistance, anywhere in the world from a multi-lingual staff.
  • Excellent Benefits like transportation home when medically required, emergency dental coverage, access to a medical professional who can coordinate your medical care. 
  • Expansive Coordination of benefits with Government Health insurance plans and other insurance providers.

Travel Advice and Advisories

Travel advisories may affect insurance plan. The Travel Advice and Advisories are the Government of Canada’s official source of destination-specific travel information. They give you important advice to help you to make informed decisions and to travel safely while you are abroad. Please refer to Government of Canada website for more information.

Does OHIP cover me for out-of-country travel?

From December 31, 2019 OHIP no longer has limited Out-of-Country Travellers Program. This means that if you’re travelling abroad you are no longer covered by your provincial plan. OHIP previously covered out-of-country inpatient services up to $400 per day for higher levels of care like intensive care, as well up to $50 per day for emergency outpatient and doctor services. To learn more, please refer to the website.

It's now even more highly recommended to buy travel insurance if you plan to go abroad.

New online portal helps make claims submissions quicker, easier:

Members can submit new travel insurance claims via a user-friendly, mobile responsive online claims submission portal. For members at the very beginning of their claims journey, the portal provides a smoother, more efficient experience, while keeping them informed at each stage along the way. 

The online claims portal is accessible at 24/7 from any device or browser.

Visit for details on the plans offered, then select your plan and call 1-877-885-2847.

All-Inclusive Package Plan Info sheet provides a comprehensive coverage and great value when you travel!

Learn How to Protect Yourself

For a one-time premium, title insurance is the most effective and inexpensive way to insure your property. Title insurance covers all legal expenses related to restoring title and is also available to existing homeowners long after they have purchased their properties.

Title insurance is unlike any other kind of insurance. It is not home insurance, which protects the contents of the house or the structure; it is an insured statement of the condition to the title of the property at the time the policy is issued. Title insurance provides protection against issues like survey defects, unpaid liens, encroachment issues, construction liens, defects in title, costs arising from building code violations, as well as real estate title fraud.

What is Identity Theft?

Title fraud often involves identity theft. According to the Office of the Privacy Commissioner of Canada, identity theft is the unauthorized collection and use of your personal information, usually for criminal purposes.

A fraudster can use your personal information to:

  • Open credit card and bank accounts
  • Redirect your mail
  • Secure employment
  • Ruin your credit history

Real Estate Fraud Story


Real estate title fraud is widespread across Canada. Real estate industry insiders estimate the average case of real estate fraud at $300,000. In comparison, the RCMP estimates the average credit card fraud case in Canada to be $1,200. Industry insiders also estimate that real estate title fraud costs Canadians between $300 million and $1.5 billion each year. If real estate title fraud occurs, the onus is on the homeowner to prove the crime and it can be very costly, financially and emotionally, to restore title. However, despite the rise in title fraud, and a booming real estate market that is pushing housing prices to all-time highs in many communities across the country, a survey commissioned by First Canadian Title in 2005 suggests that one in three Canadian homeowners has no knowledge of one of the most important ways to protect their biggest investment – title insurance.

The incidence of real estate title fraud in Canada continues to be on the rise. In spite of recent changes to legislation in Ontario, this type of fraud can have devastating personal and financial effects on its victims, all of which can be prevented with title insurance. As your trusted advisor, we can assist you with the information you need to protect yourself from the devastating effects of real estate title fraud.

How does real estate title fraud occur?

When real estate title fraud happens, a fraudster has typically done the following:

  • Forged the property transfer/deed
  • Registered the title in his or her name
  • Forged a discharge of the home's existing mortgage
  • Borrowed against the clear title

Real estate title fraud is when someone could make a claim against a homeowner’s ownership of the property. Here is one of many stories that illustrate how title insurance can protect you.

The Solution

Title insurance protects new and existing homeowners, commercial property owners and lenders against losses as a result of title defects and claims against a property not uncovered in a title search. Title insurance provides protection against issues like unpaid liens, encroachment issues, construction liens, defects in title, costs arising from building code violations, as well as real estate title fraud. The Consumers Council of Canada (CCC) recommends the purchase of title insurance for both new homebuyers and existing homeowners.