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Mortgage Life Insurance



Mortgage Life Insurance



Term Life Insurance Quotes Canada

TERM INSURANCE can be Term10 year, Term20 year Term30 year to Term 100; Term 100 is a permanent insurance which never expires on you more expensive then Term 10 or Term 20

Term insurance is good way to protect Mortgage, short term needs when family is young needs are high ,Term insurance is the least expensive solution.Term insurance is also known as temporary insurance as 10 year Term premiums are locked in for 10 years similarly 20 years term premium is locked in for 20 years and after the Term comes to renew premium goes up by three times on an average.

Term insurance provides immediate cash to;

*Pay of Mortgage, Debts, to pay of line of credit etc.
*Term insurance serves as a good source of Income for the remaining family members specially for the kids education, marriage etc.  
Business Term insurance can be used to fund Buy/sell agreement, or to buy the key person insurance for the replacement of the main key employee.  

 

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