Individually Owned Life Insurance vs Mortgage Insurance

When taking out a mortgage with a lending institution you should cover off that debt with an insurance policy. Not all coverage options are created equal. Let’s look at the highlights of the two options available to you. Control Individually Owned Term Life Insurance You own the coverage and choose who receives the death benefit… Continue reading Individually Owned Life Insurance vs Mortgage Insurance

Simplifying Life Insurance Coverage – Rent, Lease or Own.

At times, it can feel like Life Insurance Companies have overcomplicated the products they provide by using fancy names and acronyms. This has left many Canadians feeling confused. Fundamentally, there are only three plan types to choose from when purchasing life insurance. You can rent, lease or own the insurance. Below is an explanation of… Continue reading Simplifying Life Insurance Coverage – Rent, Lease or Own.