re: Property For Sale at Toronto!

Carin — Thu, 10 Jan 2008 19:43:13 GMT

Homebuyers can save money as well as benefit from using term life insurance instead of bank mortgage insurance. Term life premiums are non-taxable in Canada, and term life gives the homebuyer the control of naming the beneficiary. For uninterrupted coverage, choose a term life policy that converts into whole life insurance at the end of the term; usually a new medical questionnaire is not required. Term life insurance remains constant; bank mortgage insurance only covers the balance owing, not the true value of the mortgage. For more information and to compare quotes online, visit us at http://www.life-insurance-quotes.ca.