"What the Banks
Don't want You
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Mortgage Insurance"
Get the facts!

Life Insurance When you buy a Life Insurance Policy you have a contract with a life insurance company that "insures" that the company will provide a stated amount upon your death, or periodic income to the beneficiaries you have chosen. Having an insurance policy means a person can create an estate to leave to their family—for very little money.

You can use a Life Insurance policy to provide:
• the money to cover the cost of your funeral
• the funds to pay off a mortgage in the event of your death
• a "legacy" of funds for bequests to relatives and favourite charitable organizations
• the elimination of estate taxes for funds and property you leave to your children
…and many other benefits.

Life Insurance can also be useful for business purposes as "Partnership Insurance". It can provide the needed funds to buy out the interest of a deceased partner and many partnership agreements incorporate life insurance.

Similarly, "Key Man Insurance" applies coverage on an employee or owner of a business to provide funds that may be needed for the replacement of a key individual in the event of an untimely death.

There are many kinds of Life Insurance coverage including Whole Life, Universal Life and Term Insurance. If you would like to discuss the various options available, please contact me for a no-obligation consultation.