1
The lender is usually protected first
Bank mortgage insurance is often built around the debt, not the family. A client may not understand what happens as the mortgage falls, changes, renews, or moves.
For Ontario mortgage brokers
You helped them get the mortgage.Now help them protect the life around it.
Give clients a clear, licensed review of their mortgage protection options while your brokerage earns a flat referral fee for each valid, consented introduction.
Email Us to Get StartedFlat referral fee for valid, consented introductions
The problem
What bank mortgage insurance gets wrong
Most borrowers are asked about protection when they are focused on approval, rate, documents, and closing. That is not the best moment for a serious family protection decision.
2
The client may never compare options
Many borrowers say yes or no without reviewing individually owned life, critical illness, disability, and family protection options with a licensed advisor.
3
Coverage shrinks. The premium doesn't.
Bank mortgage insurance covers the outstanding balance, which decreases every year as the mortgage pays down. But the premium your client pays stays the same. They're buying less coverage for the same money, every single month.
4
Underwriting happens at claim time, not application.
Banks often use post-claim underwriting. They collect premiums for years, then investigate your client's health history only when a claim is filed. Clients can be denied at the exact moment they need the coverage most.
Program
Refer the client. We handle the protection review. Your brokerage earns the fee.
This is a referral workflow for mortgage clients who want a protection review. The client opts in, consent is recorded, and GEP Insurance takes over the licensed insurance conversation.
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Better client experience
Clients get a plain-English review of protection options around the mortgage, family, debts, income, and monthly budget.
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No insurance advice from you
Your brokerage introduces the option. Product discussion, suitability, needs analysis, applications, and placement stay with licensed personnel.
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Referral fee for the intro
A flat fee can be paid for a valid, consented client introduction. It is not tied to policy sale, premium, product, approval, or persistency.
For your brokerage
Turn a helpful handoff into a compliant revenue stream.
You are not being paid to sell insurance. You are being paid a flat administrative referral fee for a valid, consented introduction, with the client disclosure and records kept clean from the start.
How it works
A clean handoff your team can repeat in under a minute.
Offer the introduction
Ask whether the client would like an optional review of mortgage and family protection options with GEP Insurance.
Record consent
The client confirms the review is optional and agrees to share limited contact details and mortgage-stage context.
GEP contacts the client
A licensed life and health advisor handles needs, suitability, products, applications, and recommendations.
Keep the record
Your brokerage keeps the referral record. GEP validates the referral and pays the flat fee through the approved process.
Ready to offer clients a better protection conversation?
Email us to review partner fit, disclosure wording, referral records, and the flat-fee process before anything goes live.