ASK MONEYSENSE: I live in a town-house and I am about to purchase a detached house. I currently have enough life insurance to cover my townhouse mortgage, but this new home purchase will increase the amount I owe. My bank is recommending mortgage life insurance. Should I take out a policy? Michelle Imbeau, Port Moody, B.C. Mortgage life insurance is designed to pay off the rest of your mortgage... 

Looking for ways to save around the house? Here are 10 tips that will leave you a little wealthier at the end of the month. Save on your home insurance Most home insurance policies offer a standard $500 deductible, which is the amount you pay if you make a claim. But if you raise your deductible to $1,000, you can save $200 or more a year on premiums. As an added bonus, your rate is less likely... 

Six short feet. That’s how close Bruce Ritchie came to dying one October morning two years ago. Bruce and his wife Marilyn had arrived at their daughter’s Georgetown, Ont., house in the wee hours of the morning, after a frantic call from their son-in-law, Pete. Their very pregnant daughter Allison had gone into labour and she and Pete needed someone to look after their sleeping first-born son,... 

It took a week of sore eyes, crusty lashes and bottles of eye drops for me to permanently see the world with 20/20 vision. And it was worth it. As an avid backwoods camper and climber, I dreamed of unchaining myself from prescription glasses and contact lenses. So, when billboards on the way to work promised a safe and easy procedure for only $490 per eye, I decided it was time. I’m not alone....