(NC) Your home is a major investment that comes with plenty of added costs, like maintenance and renovations. The biggest cost is your mortgage, a major expense that might be difficult to pay in tough times.
If you have a mortgage and you’re worried about leaving your loved ones with a mortgage payment in the case that you were to pass away or experience a covered critical illness, optional TD Mortgage Protection might be the solution.
Evaluating whether mortgage protection insurance is right for you is important. Having a mortgage is a long-term financial obligation. You’ve worked hard for your home, and there are ways to help protect it.
If you aren’t sure if you need mortgage protection insurance, ask yourself these three questions:
What would the impact be to my finances if my income was lost or reduced due to a covered critical illness?
A recent TD Insurance survey reveals that one in three Canadians without asset protection coverage think it’s too expensive,...