TD Insurance helps women homeowners find the financial security they are seeking

Credit protection insurance plays an important role in creating financial security for one of the largest investments most Canadians will ever make TORONTO, May 19 /CNW/ - A theft, an accident, or an unexpected critical illness are just a few of the incidents that can turn a homeowner's life upside down if they don't have the proper insurance. A recent TD poll found that for women who have purchased their own home, more than one in three (36%) don't have adequate insurance coverage beyond mandatory home insurance. However, 43% of women homeowners from the same poll said the best thing about owning a home is the financial security. "Fire, theft and water damage are serious threats to any homeowner and are covered with basic home insurance. An equally serious threat is the inability to make mortgage payments when something happens to the homeowner," says Jane Duchscher, Vice President, TD Insurance. "With the proper insurance, you can avoid having your dream home turn into your worst nightmare in the event you can't make your mortgage payments." Mortgage life and critical illness insurance can help protect you and your family from unexpected financial burdens when faced with a critical illness or even death. Here are a few reasons why credit protection is a key part of any homeowner's insurance portfolio and how it can help provide the financial security homeowners seek: - In these challenging economic times it's difficult to feel financially secure, but by making sure your mortgage liability is insured, you can protect the security of your home and your financial investment. - Critical illness insurance is a living benefit and can help manage your debt in case of illness including cancer, acute heart attack or stroke. - A serious illness can mean time off work to rest and recuperate - as well as time off the payroll. Critical illness insurance acts like a financial booster shot to provide the cash flow you may need to help you recover completely, on your own time. "Ensuring that your mortgage payments are taken care of when the accidents of life occur is just as important as locking the front door when you leave your house," added Duchscher. For more information on credit protection products including mortgage life insurance and critical illness insurance visit www.tdinsurance.com or call 1.866.753.6953. About the Poll The TD Canada Trust Women and Home Ownership Poll surveyed women 18 years of age and older from across the country, to explore home ownership behaviour among women. The survey was conducted by Angus Reid Strategies from February 4 - 10, 2009 with English and French speaking Canadians using the Angus Reid Forum. The sample size includes 1,000 women who have purchased a home independently. About TD Insurance The TD Insurance brand is a part of TD Bank Financial Group. The wide range of TD Insurance products help protect clients from the 'accidents of life' including credit protection, life, health, travel, home and auto insurance. With more than three million clients, TD Insurance products and services are available through a network of more than 1,000 TD Canada Trust branches, the Internet and telephone. The TD Insurance brand, through its TD Insurance Credit Protection and TD Insurance Life and Health brands, is the number one provider of critical illness insurance and direct life and health premium origination in Canada. And through its TD Insurance Meloche Monnex and TD Insurance Home and Auto brands, is the largest direct-response insurance group in the country. For more information, visit www.tdinsurance.com. For further information: Jacqueline Burns, TD Insurance, (416) 308-0177, jacqueline.burns@td.com; Stephanie Ford, Argyle Communications, (416) 968-7311 x 240, SFord@argylecommunications.com

TD Insurance helps women homeowners find the financial security they are seeking

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