Protection for You & Your Family Today

When it comes to planning for the future, there’s a lot to think about, and one important element involves support for loved ones. Financial security is a big part of that of that support, and that is where life insurance can help. However, this big topic can feel complicated, leaving many people unsure how to get started. The best advice is to set up a meeting with your advisor, who can walk you through all the different types of life insurance plans and help you decide what makes sense for your situation.

Contact insuranceDNA.ca today for more information on how to get started.

Do you need insurance?

If anyone relies on your income — either yourself or your family — you may need insurance.

It is best to have a plan in place to help make sure that you and/or your family can move forward with little financial disruption.

Different types of insurance that can help:

Disability Insurance protects your income if you are unable to work because of physical or mental health disabilities. Regular payments are based on a percentage of your salary at the time the claim is made. If you are a business owner, disability insurance can also cover business expenses and fund a buyout agreement if necessary.
Critical Illness pays a tax-free lump sum if you are diagnosed with an illness or condition that’s covered by your policy.
The benefit can be used as you wish to help finance health care treatments, cover household and family related costs, manage business expenses and protect what you have set aside for your retirement, so that you can focus on recovery.
Life insurance the purpose of having life insurance is to prevent financial hardship. There can be great comfort in knowing that your spouse, children, parents and other family will have the financial security they need. Losing a loved one is so incredibly painful – imagine how your family would cope if suddenly you were no longer there. Life Insurance can help your family carry on without added strain of financial worries. Lose of income can have serious consequences, affecting the ability to stay in the family home, support post-secondary education and even cover essential monthly bills and groceries.

It might feel as if there’s plenty of time to figure out your life insurance, but sometimes life can turn on a dime. If you think you can’t afford coverage, we can help at insuranceDNA.ca explain the best options for your situation at a price that fits your budget.

The best thing you can do is start the conversation – you might be surprised at how easy the process can be.

How much coverage do I need?

Figuring out expenses, budgets and the right amount of coverage might feel like an overwhelming task, but this is where your advisor can help guide the process. Contact InsuranceDNA.ca today for your free needs analysis

Is Term life insurance coverage right for you?

Term Life Insurance is considered temporary insurance, providing protection for a set period that you choose. You might want coverage for the next 10 years, or maybe until you turn 65. Term life can be a great option when your coverage in place until your children are grown up or until the mortgage is paid off. The application process also tends to be simple and straightforward. With lower premiums (payments) to start. Your monthly premiums will be based on your age and your health. Depending on your needs, a term life policy can be extended or renewed for further set periods

Term Life Insurance can provide coverage for 10 years, 20 years or for life depending on your needs. For example, a 35-year-old non-smoking female can get $500,000 of coverage for as low as $25.00 per month. Contact InsuranceDNA.ca today and we can help you get the coverage you need.

To learn more about Life Insurance please contact us or call us today at 1.844.362.2200

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