Business Hours

Monday-Friday 8:30-5:00

Phone: 709.634.4944

info@harbourfinancialgroup.ca

Corner Brook, NL

90 Broadway, A2H 4C8

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Mortgage Insurance versus Life Insurance

Mortgage Insurance versus Life Insurance


Have you ever asked yourself what the difference is between mortgage insurance and life insurance?  Let me tell you, the differences are great and they are something you need to know about.

How does this scenario sound?  You have been paying for mortgage insurance through your bank for many years, only to face a life altering change and find out that the bank denied your claim! Unfortunately, this happens more than you would care to think.

Here is a great write-up on the important differences you need to make yourself aware of when it comes choosing between mortgage insurance and life insurance.

See the article here: Mortgage Insurance versus Life Insurance

What Oil Prices Mean for Our Province

What Oil Prices Mean for Our Province

Wade Locke suggested this past fall that Newfoundland and Labrador loses between $20 to $25 million in revenue for every dollar that oil falls below the $105/barrel that the provincial government used as an estimate. At current prices, that means we lose approximately $875 MILLION dollars. I really want a new hospital in Corner Brook, and a big green energy hydro project at Muskrat Falls sounds great, but how can we possible afford this? Where’s the leadership to address these glaring issues? Someone please step up to the plate.

I know this article is only 2 months old, but we’re headed for big trouble – Read more on what Mr. Locke had to say.