Life insurance

No one's life situation is the same, but we all want our loved ones to be able to maintain their quality of life if something were to happen to us. We're here to help you make the right choice.

Get more information by contacting one of our advisors.

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Protect yourself for a predetermined period. You'll be able to make a financial commitment while protecting your family.
Your life and health insurance needs severe illnesses will never cease to evolve as the years go by, with children on the way, the purchase of a new car, the purchase of a house.....our term life insurance protection will see you through this financially demanding period.

4 reasons to choose temporary personal insurance

1. The least expensive life insurance on the market
2. The duration of protection can be chosen, from 10 to 40 years.
3. It can be transformed into a permanent life insurance without proof of insurability
4. It covers an immediate need

The ideal solution if you have :

• Dependent children on a limited budget
• Loans to be repaid in the short and medium term

Protect yourself for life! Your family and your assets will be protected, not to mention the costs associated with your death. Benefit from guaranteed fixed costs and a cash surrender value.

Permanent insurance means :

• A bonus that won't increase
• Payments spread over the period of your choice
• Attractive cash surrender value

The ideal solution if you want to :

• leave a legacy
• remain insured even in poor health
• ensure the continuity of your business

Double your benefits! Ensure a better life for your family in the event of your death, while saving tax-free.
Universal life insurance is a wise choice that gives you the opportunity to plan your current financial life while planning for your future in a simple and effective way. Insurance protection that ensures a better life for your loved ones in the event of your death, and lets your savings grow tax-free.

Enjoy the following tax-sheltered benefits without policy fees:

• a fixed cost of insurance that will never change
• the possibility of paying your insurance costs over a limited period of time
• guaranteed, fixed sum insured
• use your savings to increase your insurance coverage or pay part of your insurance costs
• permanent life protection
• a simple, effective way to save for all your projects, including retirement
• great flexibility in terms of payment frequency, investment options, sum insured and premium amounts

The ideal solution if :

• You want to leave a larger legacy
• You have contributed the maximum amount to your TFSA and RRSP.
• You want to protect the value of your business

We offer you competitive investment tools with returns linked to fixed-interest accounts and market indices.

Insurance for your child's life

Taking out life insurance policies for your offspring

Having a child is always a source of joy for the whole family, and it's an opportunity for parents to spoil them and satisfy all their needs. Nothing is too good for the little one! From clothes and toys to decorating the bedroom and acquiring all the equipment needed for his comfort and well-being, parents go to great lengths to pamper their newborn. They think of everything except taking out life insurance for him.

It is possible to insure a newborn as early as the first week of life, and it is recommended to offer life insurance from an early age, as is the case for other family members.

There is a wide range of products available on the life insurance marketBut before making a choice, it's best to ask yourself what the main reason is for taking out life insurance for your child. In fact, there are many reasons for taking out life insurance for your child, such as: keeping the policy up to date, paying the full amount before the child's 20th birthday, the fact that the policy can be passed on, and the affordability of insurance when taken out at an early age.

Whatever the reason, it's a good idea to take out insurance for your child when he or she is still young, in view of all the advantages mentioned above. But for parents, there's another important question: how much to invest, and here again we need to distinguish between the cost of the premiums to be paid and the value of the life insurance. More often than not, it's the amount to be paid that worries parents, but the value of the insurance should not be overlooked.

If you consult an insurance broker about the amount of the premium and the amount of life cover, he or she will probably announce a shocking fact. For it is possible to pay the same amount for insurance worth 250,000 $ as for insurance worth only 25,000 $.

In order to better understand the situation, it is more appropriate to use an explanatory example. Let's take the case of a one-year-old child for whom his parents have taken out an insurance policy for 50,000 $ over a 20-year period. Once this period has elapsed, the child remains insured, but the parents will not have to pay any premiums.

In the second case, the parents have taken out a term protection policy worth 250,000 $ for a 20-year term. They pay an annual premium of 235 $. Obviously, the annual cost is affordable compared with the value of the insurance. This example shows that it would be wiser to bet on a higher value over the long term than to take out insurance worth 25,000 $ or even 50,000 $. What's more, his insurability is guaranteed, because if he should subsequently suffer a serious illness, this could prevent him from taking out any life insurance. In addition, the insurance taken out by the parents at birth for the amount of 250,000 $ could be useful.

There's one key element parents need to bear in mind when it comes to protection: the child's insurability. By taking out a policy at a young age, the life insurance will follow the child throughout his or her life. What's more, it's a chance to take out insurance at a lower cost.

It's also an opportunity to insure your life while you're in good health, since misfortune can strike at any time. To take out a suitable policy, simply call on the services of an experienced broker, so that you can benefit from tailor-made protection for your child.

Get a life insurance quote now while you're healthy. Our Secure à Vie partners will help you protect yourself.