Could your family cope financially without your income?
Coping with financial issues at a time of loss can be an overwhelming burden. Anyone with dependents should ask themselves a simple question: "Would my family have the financial security it needs if I were to die unexpectedly?"
Consider some of the issues. Could your spouse cover living expenses without your salary? Would there be enough capital to repay your outstanding debts, such as a mortgage, car loan or line of credit? If you have children, would there be funding for child-care expenses, or post-secondary education costs?
Did you know that mortgage insurance purchased through the bank is underwritten at time of claim, therefore there is a risk the claim will be declined and your mortgage not paid out?
Did you know that personally owned insurance is usually less expensive for the same or more coverage than the insurance purchased through the bank?
Call us today to review your current insurance coverage and needs, to help ensure you have the coverage you need at a price you deserve.
Insurance products and services are provided through Assante Estate and Insurance Services Inc.