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Being a Homeowner For most Canadians, buying a home is the biggest purchase they'll ever make. It means large financial obligations for 20 or 30 years or more.
Have you considered the options you have when arranging your new mortgage or mortgage renewal? You may be surprised to discover the flexibility you have when protecting your family and your home.
We were always under the impression that we had to have our mortgage insured by the bank. We thought we didn't have any choice, as if signing up for the bank's mortgage life homeowners insurance was actually a condition of being accepted. A term life homeowners insurance policy can do the same job as mortgage life insurance — with a few added advantages.
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