When applying for life insurance, think about Term Life Insurance. You will be getting the same benefits as a regular life policy, but the cost is different. Term Insurance tends to be more affordable than other life insurances, and that alone is work consideration. Just remember, you need to renew the policy after a set amount of time to keep the coverage continuing. Please contact us if you wish to learn more or have questions about Term Life Insurance Mississauga.
Term Life Insurance is an affordable, tax-free, easy-to-understand insurance policy, that can be customized for you if you live in Canada. You are able to set the term length to suit you. It can be from ten to 100 years. You will still get benefits similar to Permanent life insurance. If you suddenly pass away during the term, the policy benefits will still cover your beneficiaries. This is what makes Term Life Insurance a perfect choice to keep your family financially secure in the future.
- Policy can be customized to suit your situation
- Low premium with high death benefits
- Death benefits are exempt from inheritance tax and are non-taxable.
- For younger clients, the face amount of coverage can be more.