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Term Insurance Overview:

  • Affordable, easy-to-understand coverage that gives you flexible protection.
  • The cost will remain the same for a specified period of time (term), until it renews for another term. If you die while the policy is in place, a tax-free payment will be paid to the person or people you name (beneficiaries).
  • This solution provides protection for temporary needs such as mortgage replacement, line of credit, tuition for post-secondary education, and more.
  • You can also convert (most term policies) your coverage to permanent insurance regardless of any changes to your health, occupation or lifestyle.

 

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Permanent Insurance
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