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When buying your new home, using term life insurance can be a less costly alternative to the coverage offered by the lender. Term life insurance also gives the homebuyer the advantage of naming the beneficiary, for more financial control. For continuing coverage, choose a term life policy that converts into whole life insurance once the term expires; most will not ask for additional medical documentation. Compare quotes online, as well as the various carriers for the best coverage possible. Visit our website at http:///www.life-insurance-quotes.ca for more information regarding the advantages of using term life insurance.