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ARTICLE · 20 APRIL 2020

3 Must-Know Facts About Mortgage Insurance

Your hard work is paying off and your legal career is taking shape. The sacrifices you made are beginning to bloom and your personal goals might include buying your dream home, getting married, and starting a family.

CanadaFinance and Banking

Your hard work is paying off and your legal career is taking shape. The sacrifices you made are beginning to bloom and your personal goals might include buying your dream home, getting married, and starting a family. This is the time for imagining everything that's possible. As you look forward, ask yourself what you want to build and how you will protect it so that your loved ones will enjoy security, comfort and peace of mind if anything happens to you.

Growth and protection go hand in hand as your assets grow, your income rises, and you begin to establish yourself in the legal community. Understanding your options is step one.

Mortgage insurance may be one answer

Your bank may have offered you insurance when you took out your mortgage. If you accepted it, you know that your entire outstanding balance will now be paid off in the tragic event of your death. You can take comfort in that decision but now may be the time to cross-examine the benefits of that

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