The link below leads to a video that aired on CBC Marketplace. It is a very interesting message that may provide a reality check for all of us about banks and life insurance.
The banks in Canada have working relationships with insurance companies and sell tons of life insurance to cover mortgages and loans.
Unfortunately, it causes grief for most people that bought their protection from unqualified people and from organizations that do the underwriting after the claim.
This video is about 23 minutes long and is very revealing. Share it with anyone you wish. It is an important and valuable message.
CBC Marketplace - In Denial
I know some you have taken action with me to put the right guaranteed coverage in place and usually for a better price. If any of you have questions on weather or not you are protected contact me right away.