The Canadian Broadcasting Corporation (CBC) aired an episode of Marketplace on Wednesday February 6, 2008. An interesting investigative piece on mortgage insurance, it featured an individual who lost their spouse and had their mortgage insurance death claim declined. It serves as education and a reminder that covering your mortgage debt is best done through an individual insurance policy as part of your financial plan between you and your independent insurance advisor. If you DO have creditor mortgage insurance, please consider carefully discussing the replacement of this coverage with us after watching the Marketplace episode linked below.
View Marketplace, February 5, 2008
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