Congratulations, you're a home owner!

Buying a new home is exciting but can also be stressful. It’s a huge commitment that requires a lot of time to find the perfect home and a solid financial plan which often involves penny pinching. Then, just when you think you have it all figured out and budgeted for, the bank slips in a line for life insurance. It’s true that the bank may require you to protect your mortgage with a life insurance policy but you don’t have to purchase it from them. You have another option, a better option.

The benefits of purchasing a term life insurance policy separately from your mortgage include:

· Purchasing a policy at a better rate then the bank is offering

· Not having worry about re-qualifying for insurance every time you renew your mortgage

· You decide how much total protection you need, not the bank

· The amount of protection stays the same regardless of how much you have paid down your mortgage

Plus, purchasing term life insurance is quick and easy. Just a few clicks and you are protected.