Island Savings

Permanent Insurance

This insurance is for you if:

  • you like making important decisions once and having someone else
    look after the details.
  • you want your family financially secure in the event of your death.
  • you hate the thought of buying something you might never use.

Overview

Whole life insurance

Whole Life insurance or Permanent Life insurance* can be a good choice when you want to:

  • Make sure that the costs of your final medical bills and funeral will be covered
  • Ensure your spouse will have sufficient cash after you die and/or your pension is diminished
  • Guarantee that your children will have an inheritance
  • Have premiums that are fixed at the time you take out the policy
  • Provide money to pay capital gains or estate taxes so that your beneficiaries can keep assets when you die and not have to sell some to pay the taxes

 

Universal life insurance

Universal Life insurance* can be a good choice when you want to:

  • Protect your family and invest for your future
  • Combine your life insurance with a flexible portfolio of investment options tailored to your own risk tolerance
  • Get tax-advantaged investing and increase your wealth by investing money within your policy
  • Make sure that the costs of your final medical bills and funeral will be covered
  • Ensure your spouse will have sufficient cash after you die and/or your pension is diminished
  • Guarantee that your children will have an inheritance
  • Have premiums that are fixed at the time you take out the policy
  • Provide money to pay capital gains or estate taxes so that your beneficiaries can keep assets when you die and not have to sell some to pay the taxes

There are many options for life insurance coverage, so it's a great idea to chat with one of our Personal Insurance Advisors to see how we can best assist you.

Ready to get a quote? At Island Savings Insurance, we provide simple insurance solutions to suit your needs.

Online

Contact us online and let us know when you'd be available to meet with one of our expert advisors to discuss suitable coverage options.

In Person

If you’re more comfortable dropping by one of our branches, one of our expert advisors would be happy to chat with you.

By Phone

If you’d like to call us, here is a complete list of our expert advisors.