CanadianLifeRates
CanadianLifeRates

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Protect your family and home
No Medical or blood tests for approval
FREE no-obligation quote
Affordable coverage available

Life insurance can help pay for things like:

Mortgage and rent payments
Childcare Costs
Car Loans

Do I need life insurance?

Life events create the need for life insurance. If you've recently purchased a home, had a child, or have experienced other major financial changes in your life, you will want to make sure that your family is protected. Whether you are single or in a relationship, life insurance is important. When you pass away, your loved ones may have to cover your funeral expenses and pay off any financial liabilities you have, such as your debts or mortgages. If you have insurance coverage, your debts will not be a burden on your family members. If someone else depends on your income for their quality of life, it’s a safe sign you may need life insurance. Commonly, life insurance is needed for homeowners, couples, parents, business owners, and more.


The main reasons Canadians purchase a life insurance policy

  1. Help pay off their debts
  2. Provide for their children’s education
  3. Make a large donation to their preferred charity
  4. Cover everyday expenses so their family can maintain the same standard of living
  5. Pay for their funeral arrangements
  6. Protect their business

 

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