There are several different types of life insurance available to you. We can help you select the right coverage for you—depending on your life stage, budgetary constraints and your goals and dreams for your future.
Life insurance is an important part of your financial security now and into the future. These are some of the advantages you get when you have proper coverage :
Life insurance can be complicated and you want to get the right blend for your age, life stage and needs. We’ve helped individuals and families achieve their financial and insurance goals for over 45 years. Our knowledgeable, licensed advisors first assess your unique situation and then offer you unbiased, professional advice. With ThinkInsure, you’ll benefit from :
There are many types of life insurance. Your life stage, your dreams and your future plan all influence the type of coverage that’s best for you. Here are the main types :
Term life insurance offers high, short-term protection at the lowest cost for a set period of time. It’s an affordable option, suited to young families on a tight budget or to homebuyers holding a large mortgage.
Whole life insurance protects you throughout your lifetime together with a tax-advantaged savings element. It provides a death benefit and a cash surrender value.
Universal life insurance provides both permanent life insurance and a tax-advantaged investment component. The increasing cash value of your policy can increase your death benefit.
We are a full service provider and have many solutions. Some other more specific types of coverage we can get you include :
If you have liabilities and dependents or if you are seeking to build a legacy or a nest egg, life insurance is right for you.
The type you choose or the combination of policies and other products vary greatly. You can be sure that the ‘mix’ you and your advisor design, will provide maximum protection with maximum returns.
To find out more about the right balance of products, choose the descriptor that best defines you. To learn more about potential financial needs for each profile, you can read about life insurance basics.
What you want to use life insurance for can play a big role in determining how much coverage you should get. Some of the things that people use it for include :
To find out how much life insurance you will need, many Canadians fill out a needs analysis questionnaire. Filling this out and answering questions and using a life insurance premium calculator, can help you to accurately assess your needs and how much to coverage get.
Here are some of the questions to consider to determine how much you will need :How much money will your family need to cover expenses in the event you pass away?
You will need to calculate the following :
Ask yourself :
Ask yoursel :
Answering these questions will help you determine the total amount of life insurance required to ensure your family is cared for. Talk to one of our advisors today! We are happy to walk you through the process.