How would your family manage if you were not there to provide for them? Would they be able to maintain their current quality of life – or would they struggle to make ends meet? Could they even be forced to move from their current home to one that’s less expensive?
Quite simply, it’s advisable to protect your family’s future, to ensure that their needs are taken care of – and that they will not be burdened with any of your debts or other financial obligations. That’s probably why you’re either considering life insurance for the first time, or you’re reviewing your existing life insurance policies to make sure that you have coverage that is right for your current stage in life.
As you’ll discover, there’s much to choose from. Please see below for more details about term, permanent, universal life and personal accident insurance.
We’d be happy to help you understand and select the insurance that’s right for you.
Life insurance is an important part of financial planning
Do you own a vacation home, a business or another large asset that you would like to pass onto your children? If so, did you know that they could find themselves facing a substantial capital gains tax liability? Fortunately, with proper planning and the right life insurance, you can make sure they can pay the tax bill and keep the asset.
Then there’s your business. If you’re a business owner, you may need to protect your partners or yourself, with life or disability insurance for all key personnel. You’ll find a wealth of solutions for business owners in our Business Insurance section.
Whatever your needs, we can help you explore the many options available to you – and ensure that the insurance you choose is right for you, your family and your future.
|Term life insurance
Term life insurance is designed to provide you with insurance protection for a set period of time at an affordable price. Choose a policy that renews automatically, typically every 10 or 20 years, or that will protect you to age 75. Term life insurance usually costs less than permanent life insurance.
|Permanent life insurance
Provides protection for your entire lifetime, paying a benefit on your death whenever it occurs. Premiums do not increase, allowing you to plan for the future.
|Universal life insurance
Designed as a long term financial planning vehicle, bringing together cash accumulation – in a flexible investment plan – and permanent insurance protection.
|Personal Accident Insurance
Accept our invitation to enrol in up to $2,000 of complimentary coverage for your family – and purchase up to $200,000 in additional coverage.
Discover tips, tools and answers to your questions about life insurance.
How to make a claim on your life insurance policy.