Term and Permanent Life Insurance
Protect your family, your business and your legacy with a tailored financial security strategy
Your life insurance: a solid foundation for your financial peace of mind
Life insurance helps protect the people you love from the financial consequences of your passing.
Life insurance is also a powerful estate planning tool that provides stability, continuity and legacy protection.
It is ideal to:
- Protect your family’s financial well-being
- Cover debts such as a mortgage or personal loans
- Ensure the continuity of your business or partnership
- Plan the transfer of your assets or support a cause
Choose the protection that fits your stage of life
TYPES OF LIFE INSURANCE: TERM, PERMANENT AND CASH VALUE
Each life stage requires a different strategy. That’s why there are three main types of life insurance, designed for short, medium or long-term goals.
Term Life Insurance
Ideal for specific needs such as mortgage protection, children’s education or coverage while building wealth.
It works as a contract for a defined period (5, 10 or 20 years). As long as you pay your premiums, your protection remains active. It’s accessible and practical for those looking for temporary protection.
Permanent Life Insurance
Provides lifetime coverage with fixed premiums.
It offers long-term security and predictable financial planning, ideal for those who want to protect their family legacy or plan their estate.
Cash Value Life Insurance (Participating or Universal)
In addition to protection, it includes a savings/investment component that grows over time.
You can use this accumulated value as financial support or retirement supplement. It’s a flexible option ideal for those looking to build wealth.
Benefits of life insurance
YOUR PEACE OF MIND, SUPPORTED BY A SOLID STRATEGY
Financial protection for your family in case of death
Payment of outstanding debts (mortgage, loans)
Financial continuity for your family business, company or practice
Estate planning and wealth transfer
Flexible coverage that evolves with your needs
Possibility of savings or investment growth (depending on the policy)
FREQUENTLY ASKED QUESTIONS – LIFE INSURANCE
What’s the difference between term and permanent life insurance?
Term insurance covers a specific period (5, 10 or 20 years) and is usually more affordable. Permanent insurance provides lifelong coverage with fixed premiums and potential cash value growth.
What do I need to apply for life insurance?
Typically, you will need:
- ID documents (driver’s license or passport), date of birth and Canadian address.
- Contact information.
- Beneficiary details.
- Coverage amount and purpose.
- Basic financial information.
- Medical history and lifestyle habits (smoking, etc.).
- Medical exams if required.
- Authorizations and signatures.
- Payment method.
Requirements vary depending on insurer, age and policy. I will guide you through the entire process.
Can I have both types of life insurance?
Yes. Many people combine both to balance short-term protection and long-term security.
What factors determine the cost of life insurance?
Age, health, type of policy, duration and coverage amount.
Do I need a medical exam?
It depends on a series of key factors such as: type of policy, death benefit, applicant’s age and health, insurer’s underwriting rules, etc. There are cases when only a health questionnaire or basic lab tests will be required.
Can I convert my term policy to permanent later?
Yes, many insurers allow conversion without medical evidence.
What happens if I stop paying premiums?
Term insurance ends. Permanent insurance may use the accumulated cash value to maintain part of the coverage.
THE BEST WAY TO PROTECT YOUR LOVED ONES’ FUTURE IS TO ACT TODAY.
Book your consultation and discover the life insurance strategy that best suits your needs.
Confianza basada en compromiso real
Más de una década ayudando a familias y empresarios a establecer su seguridad financiera en Quebec
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Jhon william
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Sarah albert
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