These two insurance policies are among the most sought-after insurances amongst our clients. With Term Life Insurance, you will have the option to keep insurance coverage for up to 30-40 years, while with Whole Life Insurance (as the name states), you will have coverage for the entirety of your lifetime. Both insurance policies come with death benefits. However, the advantage of Whole Life Insurance over its counterpart is that with this policy, you also get a cash component that you can use as a savings vehicle.
These two insurance policies are among the most sought-after insurances amongst our clients. With Term Life Insurance, you will have the option to keep insurance coverage for up to 30-40 years, while with Whole Life Insurance (as the name states), you will have coverage for the entirety of your lifetime. Both insurance policies come with death benefits. However, the advantage of Whole Life Insurance over its counterpart is that with this policy, you also get a cash component that you can use as a savings vehicle.
A Loan Protection Insurance is what it sounds like. The main objective of this policy is to protect you from being a defaulter while you pay off a loan. Emergencies do not come with a warning sign, and due to this, if you are not able to pay your monthly repayment once, the insurance company will take care of it.
At Canadian LIC, we offer personalized service and multiple insurance options to our clients. Let our team help you with your insurance needs, book an appointment today!
Call us at 1 844-542-4678 to request a free quote or apply online!