Yet deciding what type of life insurance and how much of it you really need can be a daunting task. Renfrew Insurance agents are excellent teachers – we will demystify the process and walk you through everything you need to know regarding family protection, income replacement, education funding and estate protection.
You reap the rewards of our exceptional reputation. We have volume block arrangements that allow us to negotiate better prices and pass them along to you. We`re in the best possible position to survey the marketplace for the best price and product for you with the help of world-class suppliers including Great West Life, Manulife Financial, RBC Life, BMO Life, Canada Life, and SunLife.
Affordable short term coverage
If you have a young family, cash flow may be a concern. We have low cost solutions using Term 10 or Term 20 plans. Plus you can usually convert your term life insurance policy to permanent insurance later, without a medical questionnaire.
Dependable long term coverage
You may also want to consider permanent life insurance: it covers a number of important areas such as final expenses, estate planning, charitable giving, family wealth transfer and even education planning. Permanent life insurance offers the advantage of level premiums for life, making it a more cost-effective choice in the long run. And if you’re interested in combining life insurance with tax-preferred investment attributes, ask us about permanent plans such as Universal Life.
Business coverage
By combining certain aspects of short term and permanent coverage, you can build a package specifically for your business needs with features such as buy-sell funding and key person insurance. Let us focus on the insurance side of things while you focus on your business
Living benefits
Have you ever considered what might happen to your ability to earn a living if you suddenly became incapacitated by a serious illness or accident? It's not a pleasant thought but like the adage says: wise people expect the best but prepare for the worst.
Disability income, disability insurance and personal accident plans are all good ways of protecting your assets, managing your debts, maintaining your lifestyle and ensuring that your loved-ones don't suffer any hardship should something happen to you. Pricing is based on occupation, definitions, and length of coverage, and coverage is based on current income.
For more information on our Life Insurance packages please contact: life@renfrew-insurance.com