Life Insurance Specialists Servicing All Of Atlantic Canada
If you have dependents or loved ones, you want to protect them after you are gone. You do not want to leave them with your financial burden on top of dealing with the loss of a loved one. This is the most common use of Life Insurance; this valuable coverage can help create financial security for you and your family should the worst happen.
Are your loved ones well-positioned financially if you should die prematurely?
The lump sum payment from a Whole or Term Life Insurance policy is tax-free. This sum could be used for:
- Final expenses and any debts
- Replace the income that will no longer be there
- Maintaining a comfortable standard of living
- Education for your loved ones
- Leave a legacy to your favorite charity
While you are still living, some Life policies offered by GoToInsure.ca can:
- Build tax advantaged savings you can draw upon as needed
- Supplement your retirement income or provide long-term care for yourself or a family member
Types Of Coverage Available
Term Life Insurance
Well-suited to meet high, short-term protection needs for the lowest initial cost, this is what Term Insurance is.
Whole Life Insurance
Designed to the meet the needs of people who are seeking financial stability and security for their loved ones in the event of a premature death.
Universal Life Insurance
Insures financial security for you and your loved ones through one and the same contract and at the same time accumulate additional tax-sheltered amount.
Now that you have a better understanding of the 3 types of insurances available, as well as the importance of the coverage, it's time to ask yourself "How Much do I need?"
The best way to decipher what you will need is to make a list of what amount of bills and debts do you have and may have in the future. Also, possible needs for living expenses, education savings and replacement income.
Get started now and contact GoTo Benefits Inc. (GoToInsure.ca) at 506-458-1220 locally or call us Toll Free at 1-800-235-7577, specialists in Term and Whole Life Insurance servicing Atlantic Canada.