Often the need for insurance is greater when you are younger – you want to ensure you would take care of any debt and ensure your loved ones have enough money available if something were to happen to you. Term insurance works very well in this situation.
Term insurance works by providing a fixed amount of insurance at a fixed price for a specific term. There are many term options available and the price varies based on how long of a term you would like.
– The coverage is based on a fixed duration or term (for example, 10, 20, 30 years) and it can be renewed after the term expires without medical
– Term life insurance is the lowest cost coverage available
– Term policies are great for covering debts, mortgages, funerals or providing an income for your loved ones
– Benefits are paid tax-free to your beneficiaries
SimpleInsurance.ca works with every Canadian insurance company to find you the very best price based on your specific needs. If you have a health concern or concerned about your specific situation, we can find the insurer that is best for you and will give you the most competitive price.
SimpleInsurance.ca has a simple approach to help you find the coverage you need. With technology replacing the hungry, commissioned insurance salesman, we are able to streamline the insurance process to be fast, efficient and affordable. SimpleInsurance.ca has been operating across Canada since 2011 and has helped thousands of Canadians get the needed coverage to protect themselves and their loved ones.Compare Quotes