Life Insurance Policy:-Make sure your loved ones are cared for financially if anything happens to you. If your life were suddenly cut short by an accident or illness, would the ones you care for be able to cover the daily costs of living without you?

Policy Life Insurance can be said as an intelligence person’s insurance cover. Term life insurance policy protects your family and business from unforeseen death at more reduced costs compared to whole life insurance. Term life insurance is provided for fixed term or years with the coverage meeting the requirements of life insurance. Term insurance policy provides death benefits to the diseased family when death occurs within the period of time covered by your insurance plan. However term insurance plan does not provide any benefits or returns beyond the stated time.

It is flexible. You can decide the duration of your insurance policy which is not possible in whole life insurance policy. Once you have signed whole life insurance, you have to pay premiums for the term period and you gets coverage amount stated at the time of signing insurance policy. While going for term life insurance policy you have the freedom to renew or discontinue your insurance plans as per you need. More over premium of your term insurance life policy never undergoes any change.

Term Life Insurance options

*Coverage ranges from $25,000 to $250,000

*10 or 20 year terms

*Monthly, quarterly, semi-annual, or annual premium payment options

*No appointments, no medical exam, just 7 simple health questions

*Quick online quote

*Instant coverage*

*Competitively priced

*30-day Money-Back Guarantee

Basic Life Insurance

* Group life insurance based on a multiple of salary or a flat amount.

* A certain amount of coverage can be converted to an individual life insurance policy.

* Coverage terminates at the age of 70 or retirement.

Optional Life Insurance

* Coverage can be purchased for the employee and/or spouse.

* Coverage is available in units of $50,000 up to a maximum of $250,000.

* There are no minimum participation requirements, which is a valuable feature if only a few employees wish to purchase the additional coverage.

* Coverage terminates at the age of 65 or retirement.

Dependent Life Insurance

Two coverage levels are available:

1. $10,000 for spouse and $5,000 for each child

2. $5,000 for spouse and $2,500 for each child

If you have further query feel free to contact Canada Insurance Plan.