Mortgage insurance may not adequately protect your family in case of death

My name is Taivi Tayler, and I am a practicing Certified Financial Planner in the Province of Ontario. I help home owners grow their wealth, and plan to protect their financial legacy.

If you own a new home in Ontario, you probably have a mortgage between $500,000 to $1 million. These are big numbers and we need to protect the right people. Mortgage insurance doesn’t protect your family. It protects the lender. 

Hear my words very carefully: having mortgage insurance may clear the debt, but it’s not a guarantee.



Mortgage insurance doesn’t ask enough questions and therefore if the homeowner dies, it may but it may not payout the debt, leaving your spouse/partner, and other heirs such as children on shaky ground.

Protect your beneficiaries and obtain real life insurance.

Reach out and find out how we can build your financial strategy to protect your beneficiaries. Tayler Insurance & Estate Planning Inc. We help home owners grow their wealth and plan to protect their legacy.