Note that this information is outdated.
Looking to purchase a home this is a great opportunity to find foreclosure and hud homes at a good price. The market is full of good deals.
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Homebuyers can save money by using term life insurance to insure their mortgage instead of the coverage offered by the bank. Term life insurance also gives the homebuyer the financial advantage of naming the beneficiary, as well as the option of picking a policy that converts into whole life insurance at the end of the term. Many of these conversion policies do not require new medical information, but the rates will be based on the information originally submitted. Compare term life insurance quotes online and/or consult with your broker to find the best rates and coverage. For more information about using term life insurance please visit us at http://www.life-insurance-quotes.ca.
When Buying life insurance, make sure you think twice before buying at the bank. Check out this video from CBC on why should not buy at the bank. http://www.timetoinvest.ca/insurance/mortgage-insurance