Life Insurance for RBC mortgage
Hope you guys are doing well! I just purchased a home and used RBC as my mortgage lender. They included something called Home Protector Life Insurance which is a Life and Disability (Waive Critical Illness). I asked my RBC mortgage advisor who said that I cancel it within 30 days of the start of my mortgage. This leads to my question: should I cancel this one and shop around for life insurance? Secondly, do I even need life insurance to begin with? I'm 31 and work as a nurse (remotely). Any advice would be helpful and thanks!