Source of this article: Canada Life.
When you buy a home, you need a way to help protect yourself and your family financially, no matter what happens. Mortgage insurance may seem like a good way to do this – if you die your mortgage is paid off. That’s why when you sign mortgage documents, a mortgage manager or your lawyer will provide you with an option to purchase a Mortgage Insurance. But is it the best option for you?
Insurance is about more than just your home: it’s about protecting what’s important in your life. That’s why individual insurance may better suit your needs.Continue reading →