Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does Harmony Insurance sell mortgage insurance?

April 26, 2017harmony Insurance mortgage insurance sell

0

Posted

Does Harmony Insurance sell mortgage insurance?

1 Answer

0

Posted

Yes. Sometimes people confuse the CMHC high ratio mortgage insurance with mortgage LIFE insurance. These are two separate programmes. Harmony Insurance has indicated 12 reasons why you should buy personally owned (not bank) life insurance to cover the mortgage and other family needs. The CHMC insurance is for the high ratio mortgages and is mandatory through CHMC.