Jim Angelopoulos

Canadian homebuyers can insure their mortgage with term life insurance. This is usually a less expensive option than the mortgage insurance offered by the lender. The premiums are non-taxable, and the term life policyholder names the beneficiary. Certain term life policies offer the choice of converting into whole life insurance after the term expires for those who wish to have nonstop coverage. Most conversion policies will not require any additional medical information. Please visit us at http://www.life-insurance-quotes.ca to learn more about the advantages of using term life insurance for your mortgage, or just to simply compare online quotes.