The primary purpose of life insurance is to:
Replace income in the event of the death
of a wage earner
Pay debts (such as a mortgage) on death
Pay final expenses
Pay tax due upon death
Create an estate
Conserve an estate
Maximize an estate
Equalize an estate
Provide an endowment to a charity
Two Types of Life Insurance
Who Should Buy Term Insurance?
Individuals looking for:
Coverage for short (10-20 years)
periods of time,
Mortgage repayment,
Debt repayment,
Income replacement, or
Any temporary need.
Who Should Buy Permanent Insurance?
Individuals looking for:
Coverage which will last for a lifetime,
Estate creation, conservation, maximization
or equalization,
Part of an insured annuity or pension maximization,
Providing an endowment to a charity, or
Any permanent need.
How Can we help?
Questions about Insurance?
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1-855-598-8859
604-267-7030