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National Flower

LIFE

Planning for the future? Whether you a planning to help your loved ones in covering final expenses, education, or disability, we have you covered in finding the right insurance.

Life Insurance

Through our MGA- Financial Horizons Group, we provide a full range of insurance and related financial investment products- representing the leading insurance companies in Canada.

We’re here to guide you and provide all the information you need on life insurance. Our providers provide the best value and most appropriate product for your life insurance needs. We offer access to an extensive range of insurance and related financial products.

 

Figuring out how much or the type of Life Insurance you need can be challenging (to say the least). It all boils down to how much money your loved ones would require covering future expenses if your income was no longer available.

Term Life Insurance

Term life insurance provides coverage for a set period or "term," offering an affordable way to protect your family's financial stability. It pays a death benefit to beneficiaries if you pass away during the term, helping cover expenses like debts and living costs.

 

Unlike permanent life insurance, it doesn't build cash value and ends after the term. Ideal for temporary coverage needs, such as until a mortgage is paid or children are financially independent, the policy can be renewed or converted to permanent insurance at the end of the term.

Permanent Life Insurance

There are two types of permanent life insurance- whole life and universal life. Whatever your age, health, or history- permanent life insurance can help protect the financial security of your loved ones.

  • Whole life insurance offers coverage for your full lifetime, and its savings can grow at a guaranteed rate. 
     

  • Universal life insurance also offers a savings element (over and above the death benefit), but it features different types of premium structures and earns based on market performance.

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