Buying a Home?
Protect the value of your home or vacation property
If you’ve recently purchased or renovated your home or vacation property, it may be time to re-evaluate your life insurance needs.
When you purchase a home or cottage
Buying a home or cottage is a big decision. You may have found just the right home, or you may have purchased the vacation home of your dreams.
Now you need to find the right protection for it. With an individual life insurance policy, you can get your personal and mortgage protection under one roof.
When renovations increase the value of your property
Major renovations can add significant value to your home or cottage. However such renovations are costly, and may require you to take on a second mortgage or personal loan. Life insurance, in the event of your death, can cover any renovation debts left unpaid or any capital gain taxes on your improved property (if applicable). It's important to ensure your coverage is right for you.
Life insurance may be an effective way to ensure your home and family are protected—talk to your financial advisor about protecting your home or cottage.
Need a financial advisor?
To help ensure you have a proper financial plan, contact a regional marketing centre near you.
Life Events
Each of these life events can also change your life insurance needs.
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