There are few benefits and the top most is low cost – In comparison to other form of insurance such as Whole life or Universal life, Term life insurance policy is the most inexpensive way to insure yourself.
Second benefit – ability to buy higher amount of insurance, since the coverage is not that expensive, it is really suitable to young families – who have responsibilities on their shoulders towards spouse, kids, house and other dependants, untimely death and can really shake things up in life, there are many examples and families end up in....(Read More).
There are Monthly Spending Worksheets and Annual Budget Worksheets to help your track your extra expenses every month and budget your annual expenses like insurance, taxes, school tuition and so on. These worksheets will be helpful in your household budgeting throughout the year. Making use of them you will manage your family or personal budget and cope with every money problem.
Long Term
• I can retire at a reasonable age 65 and there is enough money for me to live on the way I have been until I die
• I can retire and my loved ones will be ok
• I’m divorced and there is enough to cover my basic needs for life
Special Needs
• I have health care insurance to cover me and or the family for basics and emergencies
• I have life insurance to pay expenses for myself or the family if something unexpected happens to me
• I have long-term care insurance because I’ve reached an age where that is important
• I have a special needs child and understand what special supports are available to people like us
If you have further query please contact Canada Insurance Plan.
"I must say it is always a pleasure to deal with your company."
-Janet Gagnon(T8A)
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