Mortgage Life InsuranceWritten by Ivon T. Hughes
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with mortgage they will try and sell you what they call "mortgage insurance". This is not "mortgage insurance" but "life insurance" where they protect themselves by having you buy their policy. You need to be clear how this operates; you are paying for an expensive policy which they own and in which they are beneficary. Further, amount of policy decreases though premium remains same. If they decreased premium along coverage, it may not be too bad, but they don't. The way it is now policy decreases, you pay for it, they own it, control it and will benefit from it.So if you want to control your own financial life, get your own life insurance policy. Then you can control level of coverage that suits you.
Ivon T. Hughes, The Hughes Trustco Group Ltd. Online Insurance Broker - Get a FREE Quote TODAY! Tel: (514) 842-9001 Email: info@trustco.ca Web: www.hughestrustco.com
| | Why Don't Women Have Life Insurance?Written by Ivon T. Hughes
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Studies show that nearly six out of ten women in Canada are living on their own by time they are 85. In addition, women generally outlive men by an average of six years. If you have adequate life insurance coverage, dependents will be able to continue their lives and standard of living. That way they only have to deal with grief of your passing, instead of any financial burdens incurred by it. Women need life insurance protection to ensure that whoever survives them will be provided with available capital. Term life insurance has always been one of most cost-effective ways for both men and women to protect their loved ones. Compare term life insurance rates and policies today and see how affordable peace of mind can be.
Ivon T. Hughes, The Hughes Trustco Group Ltd. Online Insurance Broker - Get a FREE Quote TODAY! Tel: (514) 842-9001 Email: info@trustco.ca Web: http://www.hughestrustco.com
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