Life insurance can give you the confidence to know you’re taking care of your final expenses or are leaving a legacy behind. It may even help protect the lifestyle of those you love. Life insurance is important if there are people who depend on you financially. You can use it to help protect the people that you love and, in some cases, grow your wealth.
Term life insurance is a simple and affordable way to help you meet short-term protection needs over a defined period of time, 10 or 20 years. It is ideal for those seeking basic coverage when insurance needs/financial risks are highest but available funds are limited – for example, a couple with young children and/or mortgage.
Disability insurance works when you can’t. It can give you tax-free monthly income to help pay expenses if an illness or accident stops you from working. Not all disabilities are so easily recognized. Chronic pain or a mental health issue can also qualify as a disability.
Now may be the time! From now until June 30, 2023, Canada Life is offering a 5% premium reduction on critical illness insurance.
Critical illness can provide you the financial support you need during life’s most challenging moments. Focus on what matters most – getting better and being with family.
Some ways you could use a critical illness insurance payout include:
Learn more about critical illness insurance, how it works and why you may need it.
If you’re interested, I’d be happy to share more details with you and work together to determine which insurance products best fit your needs.
We all feel invincible until we suddenly aren’t anymore. But you can help minimize the impact an injury or a serious illness has on your plans. Insurance can provide you a tax-free payment if you’re diagnosed with a serious illness or a monthly income if you can’t work.