David Armstrong West Ottawa Real Estate

Using a term life policy to insure your mortgage has certain advantages for Canadians. Term life is usually cheaper than bank mortgage insurance, and the premiums are non-taxable. Term life also allows you, not the bank, to name the beneficiary. For added protection, you can buy a term life policy that converts into whole life insurance upon completion of the term, usually with no additional medical questions. If you would like to know more about insuring your mortgage with a term life policy, please visit us at http://www.life-insurance-quotes.ca