Everyone knows about life insurance, but does everyone buy it?

I know, some
people will ask, I am healthy now, why should I buy insurance? Is it important to
buy life insurance? I bought a lot of insurance, such as house insurance, car
insurance and other insurance, why should I buy life insurance? Well, let's talk
about the importance of life insurance now!
First of all we need to know what is life insurance?Life insurance is an agreement
between the policyholder and the life insurance company. The policy owner (you)
agrees to pay the insurance company monthly premiums. In return, the life
insurance company promises to issue a tax-free payment to your beneficiaries
should you die during the policy term.
Life insurance is protection for your loved ones. In the worst case, it protects
anyone who depends on you financially.
and what is the purpose of life insurance?
The purpose of life insurance is to create a safety net for your loved ones when
you are no longer caring for them. It can help replace your income, help with child
support, pay your mortgage, and even help them through college.
Money can never make up for the pain of losing a loved one, but it can help your
family live the life you planned for them. You may want to pay off your mortgage
balance so your family doesn't have to worry about a safe place to live or making
sure your kids can go to school without worrying about money.
So why does life insurance important for us.
Life insurance is for your family in case of your death. It usually provides them
with the financial support they need to cover day-to-day living expenses after your
death.
Imagine what would happen to your family if you died today? Can your partner
support the family on one income? Paying for child care, keeping your own home
and saving for education? But life insurance can do that
For our company more than 175 years, our customers across Canada
have trusted us to provide for their financial security needs and to
deliver on the promises we have made.
We provides a wide range of insurance and wealth management
products for individuals, families and business owners from coast to
coast. If you want to know information about life insurance ,please
contract us!