March 19, 2020
How Can Life Insurance Benefit My Family and I ?
How can I give help my family?
Nothing is more important than the safety and well-being of your loved ones. Buying insurance is an excellent way to help care for those who rely on you. It shows you desire a positive future for your family and offers reassurance they will be protected if something were to happens to you. Whether you are the breadwinner or a stay at home parent your contribution to your family matters.
Click here to read more on how life insurance can benefit your family.
How can I cover my mortgage?
There are many benefits to using a Life Insurance policy to cover your mortgage.
The main advantages are:
- Your family will receive the face value of your policy regardless of what your mortgage balance is
- The benefit from the policy is tax free
- The benefit from your policy can be used for any purpose your beneficiaries choose. If your mortgage has a low interest rate, they may want to pay off high-interest credit card debt and keep the lower-interest mortgage. Or they may want to pay for home maintenance and upkeep. Whatever they decide to do, that money will come in handy.
Click here to read more about how mortgage insurance may be the right fit for you.
How can I give back to my favourite charities ?
Many of us have a cause we believe in and would love to make a big impact. Assigning a life insurance policy to your favourite charity is a way to make small contributions while you are here and a big contribution when you have passed on.
Click here to learn more about charitable giving with a life policy.