What type of insurance do I need?
We know that insurance can sometimes seem complicated and confusing.Here is a quick reminder that can help you demystify different types of insurance.
To protect your property
- Car Insurance
protection in case of theft or accident - Home Insurance
Protection against theft, fire and other undesirable situations.
When buying a house
- Mortgage insurance
to pay a balance in case of death (critical illness)
to cover monthly payments in case of disability - Home Insurance
Protection against theft, fire, etc. - CMHC Loan Insurance
Mandatory, if your down payment is less than 20%
To protect your income and income from your loved ones
- Life insurance
- Critical illness insurance
- Disability Insurance
- Health and dental insurance
