Waiver of premium on a life insurance policy is a rider that you can optionally add and which may pay the premiums of a life policy for you during a period of disability. This can help keep your valuable life insurance in place for your family during a time when you are already vulnerable because of…
Points to Consider about Life Insurance
There are 3 stages of life insurance needs – Family Protection, Accumulation of Assets and Estate Preservation Needs will shift as a client moves through these 3 stages and the amount of life insurance needed generally changes due to exposure to capital gains, taxes due in the year of death, RRSP/RRIF tax, etc. Term insurance…