Life Insurance

WELL FOR PROTECTING YOUR LOVED ONES

 A life insurance policy allows you to not worry about what will happen to your family in case of your death. When perfectly adapted to your life and your needs, it saves you worries and prevents financial contingencies.

You have the choice of getting an insurance or term life, according to your requirements and your situation. To help you make an informed choice, here is an overview of their different characteristics.

 

Permanent Life Insurance

This insurance may be for you if you want to leave a legacy to your loved ones, in addition to wanting to remain insured, regardless of your health status. Permanent life insurance protects you for your lifetime, at a cost that proves long term cheaper than term life insurance.

Benefits and Features

• Its cost is fixed for the duration of the contract and can be paid in full in a few years; (eg 10 or 20 years.)
• This insurance may be taken alone or combined with other types of personal insurance protections;
• It offers protection for life;
• You can add additional protections such as:

1. Pension in case of disability;
2. Protection in case of death or dismemberment;
3. Protection Accidental fracture;
4. Insurance for your children.

 

Term Life Insurance

Term life insurance can be very beneficial to many individuals. To determine whether this type of protection for you, answer these questions:

• Do you have children?
• Do you have to repay short-term debt?
• Do you own a business and have significant start-up costs?

One way to protect yourself if you answered yes to several of these questions is to build or adjust your life insurance portfolio to include insurance that would limit the risk for illness, disability or death. Taking out term life insurance is a solution that can alleviate these risks and has several advantages. Term life insurance covers you for a predetermined time (eg. 10 or 20 years) at a cost corresponding to a budget.

Benefits and Features

• Its cost is fixed and guaranteed for the predetermined time;
• At the end of the term of protection, you can renew without having to provide proof of your health and you can turn it into a permanent protection;
• You can add additional protections include:

1. Pension in case of disability;
2. Protection in case of death or dismemberment;
3. Protection Accidental fracture;
4. Insurance for your children.

Our professionals in financial security are able to advise you properly about purchasing a life insurance policy that meets your needs, whether permanent or temporary. Contact us now to discuss!