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Life insurance can be used to protect your family from the financial burden of paying off a mortgage in the event that you or your spouse dies. This type of insurance is a compelling option for younger people with mortgages and who do not have excess capital available to them.
By purchasing a term insurance product your debt during the period of your mortgage liability is covered.
All insurance products are sold through ScotiaMcLeod Financial Services Inc., the insurance subsidiary of Scotia Capital Inc., a member of the Scotiabank Group. When discussing life insurance products, ScotiaMcLeod advisors are acting as Life Underwriters (Financial Security Advisors in Quebec) representing ScotiaMcLeod Financial Services Inc.
The information contained on this website is for use by persons resident in Canada only.
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