When you're buying a new house or condo, it can take time before you find the place you can call home. When you find it and you get your keys - it'll be worth the wait.
As you begin making choices about your new home, from finding the best mortgage rates to choosing your colour scheme, appliances and furniture, it's good to know you also have choices when it comes to protecting your mortgage and your family's finances from the unexpected.
What Is It?
If you're buying a home, you're busy finding the best mortgage rate, figuring out what your new mortgage payments and household expenses will be, and you'll need to apply for homeowner's insurance to secure your mortgage.
Mortgage Protection Insurance helps cover your mortgage payments if you become seriously ill or die unexpectedly.