Investing in a life insurance policy is the simplest and most cost-effective way to protect your family. Depending on age, plans can start as low as $10 a month.
According to the Globe and Mail, "while millions of Canadians have life and health insurance, there are many still who are unprotected because they don’t know what kind of insurance they need."
Although policies are surprisingly simple to procure today, studies show that one-third of the Canadian population is still without life insurance.ⱡ
Don’t let a lack of knowledge stand in the way of your family’s financial future.
ⱡ TD Insurance Risky Business Poll - conducted October 27 - November 11, 2010
Term Life Insurance
Looking for a way to give your family added financial security?
Term insurance is one of the most inexpensive ways to protect your loved ones’ financial future. You can buy coverage anywhere from 10, 15, 20, all the way up to 35 years. The benefit can be used to pay off a mortgage, cover funeral costs, pay off debt, or even help to make up for lost income in your absence. In addition, since term insurance is temporary, you can renew a term policy or convert it to a permanent plan.
If you’re looking for a flexible and affordable insurance product, term insurance is a smart choice when it comes to looking after your family’s needs. Contact us today for more details and to find out how you can qualify.
Whole Life Insurance
Whole Life Insurance is a permanent insurance plan that may also serve as a powerful investment tool. This product has the potential to build cash values over time.
Although a whole life insurance policy can offer many benefits, it isn’t suitable for everyone. Talk to a Savin Advisor today to learn if this is the right product for you.
Universal Life Insurance
Universal Life Insurance is a flexible and permanent insurance product, that may be used as an investment vehicle. This program is best described as life insurance, combined with a tax-deferred investment account. Universal Life insurance offers flexibility and an additional investment vehicle. To learn more about this popular product, set up an appointment to speak with one of our advisors.