insuranceplanners

  Life insurance can be very confusing. What is term life insurance? What is whole life insurance? How can you get the information you need and make the right decision about life insurance in Kitchener for you and your family or other beneficiaries?  If you are someone looking to buy Life insurance in Kitchener , you are at the right place. We’ll provide an overview of these two popular types of life insurance so you can get an idea of what might be a good fit for you and contact us for more help.  Differences Between Whole Life and Term Life  Deciding whether to purchase whole life or term life insurance in Kitchener ? It is a personal decision that should be based on the financial needs of your beneficiaries as well as your financial goals. Life insurance can be a very flexible and powerful financial vehicle that can meet multiple financial objectives, from providing financial security to building financial assets and leaving a legacy in Kitchener.  Here are s...

  Mortgage Life insurance Woodstock is a way to help protect the financial investment you make when you purchase a home if something unforeseen happens to you. The amount you put into your home is substantial. Beyond the listed price, there are closing costs, inspections, and taxes. When your family relocates to your new home, movers have to be hired, household items have to be purchased, and utilities have to be set up. Depending on your choice of home, you may also need to pay for repairs or renovations before (or shortly after) you move in. It’s a lot to think about, so it’s not surprising that many people overlook the importance of Mortgage life insurance Woodstock and increasing their life insurance coverage when they buy a home. When you become a homeowner, purchasing Mortgage life insurance Woodstock is a way to protect your family and ensure that your loved ones will be able to stay in the home if anything unexpected were to happen to you. If you already own Mortgage life ...

  For many of us, our home is our biggest investment as well as our family refuge. Losing a breadwinner can wreak havoc on the family’s finances — and their ability to stay in the home they love. So, what’s the best way to protect your home in case something happens to you? Here are two options: mortgage protection insurance and traditional term life insurance. Mortgage protection insurance If you’ve recently closed on a mortgage or home equity line, you’ve probably received a flood of solicitations for mortgage protection insurance — usually disguised as official communication from your mortgage lender with few details on what they’re selling. Mortgage protection insurance (MPI) is a type of life insurance designed to pay off your mortgage if you were to pass away — and some policies also cover mortgage payments (usually for a limited period of time) if you become disabled. Note: Don’t confuse MPI with private mortgage insurance (PMI), which protects the lender if you default on ...