Permanent Insurance

Permanent life insurance is a life-long coverage that pays a tax-free lump sum to your beneficiary(ies) on your death.  You can use permanent life insurance to:

  • Provide lifetime support for your family
  • Create a legacy for your family
  • Protect taxable assets you wish to stay within the family after your passing
  • Leave a legacy to a favourite charity

There are several different options when purchasing permanent life insurance.  The purpose for the insurance and your own personal preferences will determine what product will be right for you.  The different types of permanent insurance are:

  • Non-participating Whole Life
  • Participating Whole Life 
  • Term to 100
  • Universal Life

Talk to us today about your insurance needs, and how insurance is an integral part of your Finanical and Estate Plan.

 

Insurance products and services are provided through Assante Estate and Insurance Services Inc.