Mortgage coverage (life/health insurance)

What is Mortgage Insurance (aka mortgage life/health insurance coverage)? This insurance is different than Mortgage Loan Insurance (which insures the lender from the loan defaulting through CMHC). Mortgage Life Insurance is to ensure your family has enough money to cover the mortgage liability in case of your untimely passing.

Kids and money!

You have a kid! You have (some) money! You want your child to learn all about this money thing. What’s the best way to do this?