What is Term Life Insurance?

Tax planning in Vancouver

What is Term Life Insurance?

Tax planning in Vancouver

Term life insurance offers simple and affordable life insurance protection. You get valuable coverage for a set period of time, along with plenty of options to meet your needs and budget. It provides a tax-free cash payment to your beneficiaries if you die while your coverage is in effect.

Who is it for?

Term insurance is often ideal for people with young families, young adults, and business owners who need immediate coverage but have limited funds to work with. That said, it can be an excellent choice for virtually anyone who needs affordable, straightforward life insurance protection for the short term.

Watch this short video by SunLife that explains about Term Life Insurance. If you have questions be sure to contact Harry or David.