Frank
Most Albertans get quoted by one company. Frank runs your profile through 6 competing carriers and tells you what you're actually getting — including what your bank hoped you'd never ask.
Frank
Bank and group coverage is designed around the lender's convenience, not yours. Three things happen to most Albertans' coverage that they only discover at the worst possible moment.
Bank mortgage insurance ties coverage to your outstanding balance. As you pay down your mortgage, the insured amount quietly drops — but your premium stays identical. You're paying the same for less, every month.
Most bank policies approve you without full medical underwriting. The real scrutiny happens when your family files a claim. Post-claim denial is documented across the industry. You may not be as covered as you believe.
Bank creditor insurance pays the lender directly. Your family receives nothing beyond a cleared mortgage — no cash for income replacement, no flexibility, no choice about how the money is used.
Contracted with 6 independent carriers — no bank affiliation, no captive arrangement. The recommendation is always what's right for you, because that's the only model that works long-term.
This is a review, not a sales call. If your current policy genuinely serves your family, you'll hear that directly and keep it. A wrong recommendation doesn't benefit anyone, including Frank.
Frank is compensated by the carrier only on placed policies. If you don't switch, we earn nothing. That structural alignment is exactly why the advice is straight. Pressure tactics don't pay.
Frank covers all five product types — not just mortgage insurance. Whatever brought you here, here's what most people don't know about what they're looking at.
| Product | What most people don't know |
|---|---|
| Term Life | The cheapest way to protect your family — but only if you're underwritten upfront, not at claim time. |
| Whole / Permanent | Built-in cash value sounds good. Most people are oversold on it when term would serve them better. |
| Mortgage Protection | Your bank's version protects their loan. Individual coverage protects your family. Not the same product. |
| Critical Illness | Lump sum on diagnosis. Most group plans have exclusions that only surface when you file. |
| Disability | The most likely claim you'll ever make — and the most likely to be undercovered or missing entirely. |
Same category. Completely different structure. This is what Frank consistently finds when comparing bank and creditor policies against individually-owned coverage.
| Feature | Bank / Group Policy | Frank Cover (Independent) |
|---|---|---|
| Beneficiary | The bank — mortgage cleared | Your family — cash, any use |
| Coverage over time | Decreases with mortgage balance | Fixed at face value you chose |
| Premiums over time | Unchanged or increasing | Level for the term you choose |
| Medical underwriting | Happens at claim — post-approval | Done upfront — no claim surprises |
| Portability | Tied to lender — lost if you switch | Follows you regardless of lender |
| Job / employer change | Group coverage disappears | Policy is yours, unaffected |
| Carrier options | One option — take it or leave it | 6 carriers competing for your rate |
Frank doesn't ask for reviews. We ask for referrals. Here's what clients typically find when they finally ask the questions their bank hoped they wouldn't.
I had no idea my TD coverage was declining every year while my premium held steady. Switched to individually-owned — more coverage than I started with, for less per month.
The whole thing took 20 minutes. Frank ran the numbers across all the carriers and I ended up saving $41 a month compared to what I was paying RBC. Should have done this years ago.
We'd been with Scotiabank for 11 years assuming we were fine. Our coverage had been declining the entire time. Genuinely grateful someone finally explained how this actually works.
We call you within 2 business hours — at the time you choose. Not a call centre. Not a script. A real conversation.
Prefer to call us? (403) 536-6897. We answer.
If what you have is fine, you'll hear that directly. We earn nothing if you don't switch — that's why the answer is always straight.
Age moves pricing fast. A Term 20 quote on $750K can jump significantly between late 30s and early 40s. The sooner you lock in your rate, the better.
We review your profile and call you back personally.
We received your request. Here's exactly what happens next:
Within 2 business hours — we call you at the number you provided, at your preferred time.
15-minute call — we run your profile through 6 carriers and tell you exactly where you stand.
Honest answer — if what you have is fine, we tell you that. No pressure, no scripts.
Want to reach us directly in the meantime? (403) 536-6897
Private & never shared. Licensed under the Insurance Act (RSA 2000, c I-3). Privacy Policy
No contact with your bank. No pressure. No scripts. If your current coverage is the right call, you'll hear that. If it isn't, you'll finally know.