We want to maintain our family's lifestyle in the event of our premature death. Since our lifestyle is defined by our income, our income is lost in the event of our death, and insurance is designed to replace loss....then it's our income that defines how much life insurance we need.
Life insurance has two primary attributes – the premium and the death benefit. If we fix the death benefit, then the difference between different types of life insurance is simply the premiums, over time - and we want the cheapest life insurance we can get, over the years that we need the coverage for.
Not all term life insurance is the same, that's why we compare more than just premiums. Our online term life insurance quotes compare premiums and renewable, convertible, the exchange option, and accelerated death benefits. This ensures you get the best value at the best price.
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“Peter was very helpful. He was able to find the perfect solution for my unique situation. I would recommend Peter to anyone and I will definitely be using Solutions Financial in the future for all of my insurance needs. “
Diana
Burlington, ON
“Outstanding, they explained about the different types of insurance and found me the right coverage at the best price. Thank-you”
Thomas
Vancouver, BC
“I saved money on my policy, and received prompt, courteous service. I’m very happy with Solutions Financial, and plan on bringing more business here.”
T. Bruton
Ottawa, ON
More reading material on life insurance
Find out the best type of life insurance for young families - the lowest cost over the time period that we need life insurance coverage for.
Looking to cover your mortgage? Find out why term life insurance is the best choice - and why to never buy mortgage life insurance from the bank.
If you're not directly generating a paycheque, how do we determine how much life insurance we need? Find out how we assign insurable value to stay at home parents.
Smoker? Non-Smoker? Edibles? Do marijuana smokers pay the same premiums as pack-a-day tobacco smokers?
An important option that's beneficial for smokers, people who have had a rating, and in some cases can save you 40% on your life insurance premiums until your next birthday.
Another important term life insurance option not found in all policies, this benefit can actually pay out life insurance death benefits while you're still alive.
Life insurance quotes on Lifecover.ca provided by The Term Guy