"I know my immediate needs, but they may change in the future."

Term Solution

 

Most term insurance plans can do a good job of meeting your immediate needs. Should your situation change, you can generally convert your plan to a permanent plan. However, there are often restrictions that need to be understood. Your should review your policy to fully understand what they are. Converting your term plan can also prove to be very costly in the later years.

 

Permanent Solution

 

Permanent coverage offers considerable flexibility and options during your life. You can generally increase or decrease your insurance as your needs change. Cash values can be used to help finance a business opportunity, a sabbatical or retirement. Some permanent policies offer more flexibility than others - be sure to ask for details.

 

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I'm concerned about providing the necessary resources for my child's future.

 

 

 

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I have a young family and need life insurance, but my budget does not allow for much premiums.

 

I'm looking to cover a temporary need, such as a mortgage, line of credit, or business loan.

 

I would like to ensure that taxes owing on my estate are paid, leaving my assets intact to my heirs.

 

I'm in business with a partner and would like to ensure that I have the funds to buy that partner's interest at death or retirement.

 

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.

 

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