Life Insurance

Life insurance is an easy decision - because it isn’t for you, it’s for your loved ones. 

Life insurance provides a financial lifeline when you are no longer in the picture. But policies can also include living benefits, allowing you to access some of the proceeds before your die. 

Life insurance generally falls into two categories:

• Term Life insurance: protection for a specific period (the term), often 10, 20, or 30 years.
• Permanent  Life insurance: lifelong protection as long as you pay the premiums. 

Who should consider life insurance?

Married and partnered couples.

• Anyone with children or other dependents.
• Business owners.
• Single people.   

If you are single, life insurance can protect others from debt brought on by your passing. 

• End of life expenses. 
• Student loans.
• A mortgage.
• Co-signed debts.
• A business. 
• Ensure the future of those you support financially. 

When is the best time to invest in life insurance?

• Married or getting married.
• A parent or about to become one.
• Homeowners.
• Changing jobs.
• Retired or planning retirement.
• Single.

Planning for the unexpected and managing your financial risk is more affordable than you think - click on the interactive graphic below to learn more.