Term Life Insurance: The Right Choice for Canadian Life Insurance
Author:
Ivon T. Hughes
Choosing
the right insurance plan for you and your family can be difficult. After
all, you want a policy that will provide for your loved onces in the future
without costing you a fortune today. Term Life insurance may be your answer.
What
is Term Life Insurance?
Term Life is an insurance plan which lasts for only a specific number of
years. Once that time is up, the policy expires. Because the plan is not
permanent, the premiums are considerably lower.
How
is Term Life Different From Whole Life?
While Term Life insurance provides protection for only a specified number
of years, Whole Life will protect you for the rest of your life as long as
your premiums are paid. Whole Life plans usually offer lower coverage but
charge higher premiums.
How
can I tell if Term Life is for me?
If you were to pass away suddenly, which would help your family more: $100,000
or $500,000? A $500,000 term life plan will cost you the same as a $100,000
whole life plan. Most families could really use the extra coverage to pay
the mortgage, the utilities, the credit card debt, the car payments at a
time of crisis. So the question is really: Is Term Life right for your family?
What
are the benefits of Term Life?
With Term Life insurance, you receive the following benefits:
- Lower premiums
- Higher coverage
- Coverage for a specific time which meets your needs
- Ability to cancel or reduce policy at any time
- No cost or obligation 10 day "Free Examination Period"
How
much Term Life coverage do I need?
The amount of coverage varies. You can use our Insurance Calculator to determine
how much coverage you and your family should receive.
HOW MUCH TERM COVERAGE SHOULD I HAVE?
Find out from our Insurance
Calculator.
Affordable
Prices, Hassle Free Policies, and Exceptional Service: Just Three Reasons
Why People Choose The Hughes Trustco Group Ltd
This
is a website where you can find out what the insurance will cost you BEFORE
deciding to proceed.
A
quote will give you a general idea of what the insurance will cost. But it
cannot give you a DEFINITE amount as of course it knows nothing of your personal
history. But here, before you decide to buy, you can KNOW exactly what it
will cost. Simply give us some preliminary information. and the underwriter
will call to ask some questions or a nurse's visit will be arranged. The
underwriter, from an insurance we choose, will then do the evaluation. Based
on this evaluation we then get you the best possible rate from competing
insurance companies.
REMEMBER
a "quote" is just that, a quote. The car mechanic will give you
a quote but the bill goes up if he finds other problems. Our system gives
you a firm price BEFORE you proceed, so there are no surprises. And you have
10 days to return the policy and get all of your money back, with no questions
asked!
Previously,
you gave a cheque with the signed application and waited to see if you were
approved, a process that normally took weeks. NOW, just like a mortgage,
you can be PRE-APPROVED and know your premium BEFORE you decide whether to
proceed.
Why
does our system work so well? Because, as well as price, you need to be able
to buy it with no hassle from a strong, well-known companies. And you want
the policy in your hands as quickly as possible. That's why it works, because
that's what you get.
Back
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Ivon T. Hughes, The Hughes Trustco Group Ltd.
Online Insurance Broker - Get a FREE Quote TODAY!
Tel: (514) 842-9001 Email: [email protected]
Web: http://www.trustco.ca
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