Term Life insurance is designed to provide you with insurance protection for a set period of time, at an affordable price. It provides your beneficiaries with the amount specified in your policy, tax-free, if you pass away while the policy is in force.

In the event of your death, term life insurance can help:

• Replace lost income.
• Provide security for your family (create an estate for heirs).
• Pay off any debt you leave behind (i.e. mortgage, loans, bills).
• Provide funding for your children's education.
• Make a contribution to the charity of your choice.
• Ensure the continuation of your business.
• Protect your business against the loss of its key employee.

How does it work?

You choose a guaranteed death benefit amount that will be paid to your beneficiaries (tax-free) when you die Term insurance is ideally suited to covering major expenses, such as paying down your mortgage and raising children. Choose from policies of various term lengths, 5, 10, 20 years, or even until age 75, so you get the term and benefit amounts that best suit your needs.

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 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.​