Tagged: Banks

Banks push mortgage life insurance, but there are cheaper, better alternatives 1

Banks push mortgage life insurance, but there is a cheaper, better alternative

If you’re getting a mortgage for the first time or refinancing an existing mortgage at a different institution, chances are the person across the desk is going to try to peddle mortgage life insurance. Data show that about 60 per cent of Canadians with a mortgage written by a bank also have mortgage life insurance. It’s...

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