|
Term Life Insurance
Term life insurance gives you coverage for a pre-determined period, at an affordable price. If your death occurs during the chosen period, your loved ones receive a tax-free benefit.
 |
Who Should Consider Term Life Insurance? |
|
For you
Like most people, you probably have financial obligations like a mortgage or a personal loan. Life and disability insurance gives you peace of mind knowing that your loved ones will not have financial worries in case of your premature death.
Thanks to term insurance, you can cover:
 |
Student loans
|
|
Mortgage loans
|
|
Personal loans
|
For your family
To fully enjoy happiness with your family, peace of mind is essential. Only life insurance can provide you with an instant estate that would allow your loved ones to go on with their lives.
Thanks to term life insurance, you could:
|
Arrange for your family to have temporary income, for the time it takes to get on with their lives
|
|
Provide for your children’s education so that they could pursue their studies in case of your premature death
|
|
As a single parent, give your children the necessary financial resources to carry them into adulthood
|
For your business
Owning a business means investing finances and time without counting the hours you put in. Building a successful business often represents your life’s work. Have you thought about protecting the future of your investment?
Thanks to term life insurance, you could:
|
Finance a buy-sell agreement
|
|
Insure one of your key employees
|
|
Meet the demands of your creditors concerning your financial obligations
|
|
Features and Advantages |
|
Two types of term coverage are available:
Term: A 10- or 20-year term. It’s possible to renew your coverage or to convert it to whole life coverage without a medical exam.
Pick-A-Term: Pick-A-Term differs from other coverages by the length of its term. You determine the desired duration of coverage between 10 and 40 years, according to your individual needs. In this way, you get the right coverage at the right price for your situation. If for one reason or another you need coverage for longer than you thought, you can renew your coverage annually at a reasonably-priced premium.
Pick-A-Term features:
|
Low cost insurance with set premiums to cover the period you choose.
|
|
Your face amount, premiums, policy fees and conversion options are guaranteed for the entire length of your coverage.
|
|
Renewal premiums are known and guaranteed
|
|
You could even benefit from preferred underwriting and obtain a lower premium.
|
|
Your term coverage is flexible enough to be converted to permanent coverage as your needs change.
|
|
You have a panoply of additional benefits to personalize your coverage such as: hospitalisation and long-term care insurance, paramedical care in the event of an accident, critical illness and disability coverages, and more!
|
Industrial Alliance group Traditional Insurance is peace of mind from generation to generation.
|
To Learn More |
|
For more details, take a look at these brochures
Who Offers You the Right Coverage? (PDF - 281 KB)
Peace of Mind From Generation to Generation (PDF – 844 KB)
Contact your financial advisor today for more information. He can help you choose the right coverage for your specific needs and budget.
|
