Canadian life insurance

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LIFE INSURANCE

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The cost of the life insurance you buy reflects several things, including: The amount of insurance, Your age, Your gender, Your current health and medical history, Whether you smoke, Lifestyle (for example: what is your driving record or are you a recreational aircraft pilot?)

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Your needs are different from someone else's, but it's good to start with a rule of thumb:

If people rely on you to provide for them, then yes, you probably need life insurance.

Life insurance is used to protect the financial security of the people you love most.

What is life insurance?

Life insurance provides whomever you choose with a one-time, tax-free payment when you die, as long as you continue to pay your premiums.

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