Permanent life insurance, simply put (Video)
By BrighterLife.ca
All life insurance is designed to provide your loved ones with financial security when you die. When you buy a permanent life insurance policy, both the premium and benefit are typically guaranteed for the rest of your life.
Learn more about the advantages of permanent insurance:
To learn about another insurance option that can provide you with protection for a set period of time when you need it most, watch: Term insurance, simply put.
 |
Looking for more ways to protect your family? |
| An advisor can help you understand how life insurance and critical illness insurance work together to protect your family with insurance solutions from Sun Life Financial. | |
Don’t have an advisor?
Visit Sun Life Financial Advisor Match to help you find one in your area.
Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary sum of money (the “benefits”) upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger payment. .`*.’
Many thanks
Term is like renting. Once you paid the money you don’t get it back.
Add a new comment:
Note: Please be sure to read our commenting policy and terms and conditions for this site. We reserve the right to delete any comments that we view to be in violation of our policy. The name you provide will appear next to your comment. Thank you!
Your email address will not be published. Required fields are marked *