Life insurance calculator.

Determine the amount of life insurance coverage you need.

Go to the calculator.

Which type to buy?

Should I buy term insurance, whole life or universal life insurance?

• Introduction.
• I have a young family and need life insurance, but my budget is limited.
• I'm looking to cover a temporary need, such as a mortgage, line of credit, or business loan.
• I know my immediate needs, but they may change in the future.
• I'm concerned about providing the necessary resources for my child's future.
• I would like to ensure that taxes owing on my estate are paid, leaving my assets intact.
• I would like to ensure that I have the funds to buy my business partner's interest at death.
• I would like to leave a legacy to my heirs or favourite charity.
• I would like a tax-effective way of increasing my retirement income.

What features should I look for in life insurance?

• Introduction.
• Term insurance.
• Whole life insurance.
• Universal life insurance.

Need an insurance quote?
416-855-0245

Victor Camba

Senior Financial Advisor

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We search for plans with the best rate possible by using LifeGuide(tm), a professional fully-functional quotation system.

Save Time & Money.

We identify the policies that are most appropriate for your specific needs and explain how they work.

Extensive Choice.

We represent most of Canada's largest and well-respected insurance companies, such as Canada Life, AIG, and Industrial Alliance, to name just a few.

See a list of insurance companies.

Always read the fine print!

10 Year Term insurance can be the most expensive insurance plan you ever buy!

• Learn why and see the alternatives that can save you thousands of dollars!
• Reasons not to buy term insurance.
• Reasons to buy term insurance.

Don't choose the wrong insurance company!

• Before considering any purchase, it is imperative that you first choose the right insurance company.
• I'm buying term insurance. Why should it matter what company I choose?
• What are ratings?
• Why are they of extreme importance?
• Is it worth getting quotes from so many insurance companies?

How to avoid the life insurance illustration trap!

• If you are considering the purchase of a universal life or a participating whole life plan then this article is a must read!
• What is the purpose of life insurance illustrations?
• What is a reasonable period of time an illustration should consider?
• How does the interest rate chosen make a significant difference in investment returns?
• What are reasonable interest assumptions for Universal Life plans?
• How should I consider interest bonuses?
• What are reasonable interest assumptions for Whole Life plans?
• Summary of life insurance traps to avoid.