For many Canadians buying a home is the single largest investment in their lifetime.
You’re excited and stressed – not only because of the financial commitment but because it’s about a place and a community that you have set your heart on. It is during this emotional time you will meet with a lender to arrange the mortgage and you will also be asked to purchase Mortgage Insurance. If you’re like many people, you may have overlooked insurance in the home buying process.
Buying a home is an exciting time! But ensure you are making an informed decision about protecting your investment, and your future. So what is the difference between Mortgage Insurance and Life Insurance? Click here to view our side by side comparison.