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Do you really need Life Insurance?

Life insurance is an important part of a sound financial security plan. The right life insurance protection can have an enormous effect on your life and the lives of those you love. If you die prematurely, term life insurance can:

  • Cover final expenses and pay off debts, such as a mortgage;
  • Provide an income for your family Live your life;
  • Ensure your family maintains a comfortable standard of living;
  • Ensure your children can continue their education;
  • Give your business the money to fund a buy-sell agreement;
  • Protect your business against the loss of a key employee.

For more information on flexible term life insurance that can be tailored to your budget and lifestyle click here.

Do I really need guaranteed values and tax-advantaged growth?

Participating life insurance is, first and foremost, life insurance. However, the investment performance of the participating account is an important component in the long-term value of your policy.
Foundation of guaranteed values
  • Guaranteed premiums
  • Guaranteed death benefit
  • Guaranteed cash value
Tax-advantaged growth
Cash value grows on a tax-advantaged basis.
  • The death benefit is not subject to income tax.
Strength of London Life’s participating account
  • Largest participating account in Canada;
  • Long track record of stable investment returns
  • Strong history of dividend payments.
Choices to match your needs
  • Fund your policy in 20 years or pay premiums to age 65 or age 100.
  • Use your policyowner dividends to buy more insurance, reduce premiums or take a Premium Vacation™.
  • Access your cash value through
    policy loans.
  • Select from a wide range of riders and benefits.

For a more comprehensive guide to the value, strength and choices provided by participating life insurance please click here.

To view a comparison presentation on Permanent vs. Universal Insurance, please click here.

 

 



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T: 403.342.4822  | F: 403.342.4827  |  E: trustedadvisor@dafinancial.ca


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