Life Insurance: Permanent or term life insurance?

Term Life Insurance:

To cover immediate needs, this type of insurance is set for a predetermined period of time, usually 10 or 20 years. It can be renewed after term or be converted to a permanent life insurance.

Permanent life insurance:

To cover lifetime needs such as estate tax, debts and final costs. We offer immediate financing arrangements for larger premium cases

 

• Universal Life Insurance
• Whole Life Insurance

Mortgage Insurance

To cover mortgage in case of death.

Disability Insurance

To protect income in case of disability.

Critical Illness Insurance

Tax-free lump sum payout in case you are diagnosed with a critical medical condition covered by the policy during the term of insurance.

Long Term Care Insurance

Generally, health insurance does not cover long-term care and, after an accident or a medical condition that requires long-term care, you will need excellent support to make the best recovery. This can be very costly and having a long-term care insurance is the fastest way to avoid extra-costs.

Individual Health and Dental Insurance

Immediate medical support when you need it the most. A health and dental insurance will help you avoid long waiting lists as well as out-of-pocket expenses.