What Is the Best Life Insurance Quote In Canada?
Life insurance is one of the most critical aspects of managing personal finances, more so if you have a family that is dependent on you for monetary support. A good life insurance policy is a proactive measure of protecting your inheritor and your estate. The two main types of life insurance in Canada are term life insurance and permanent life insurance. The total payment or death benefit paid to beneficiaries of the insured is tax-free and can be used in any manner they deem right. Factors to evaluate Canadian life insurance providers When evaluating various insurance policies or considering one, it’s better to be on the lookout for these factors that can help you evaluate the benefits: Price - How much will you have to pay? Time - How long will it take to get approved? Process - Can you do the entire process online or will it require multiple visits to the office? Trustworthiness - Evaluate the market presence of the company and go through customer reviews to get an idea of the comp...