
12 Ways to Save on Car Insurance in Ontario
Let’s face it—car insurance in Ontario isn’t cheap. We pay some of the highest premiums in the country, and for many drivers, it feels like...
Simply put, life insurance is an investment for the future. Is there a recurring cost in the short-term? Yes. Will you, personally, reap a financial reward from it? No. But in the event of your death it is a wonderful gift to bestow on your husband, wife or children. Investing in a life insurance policy gives your family a sense of security that will last long after you are gone. When they use the money to renovate their home, buy a new car or send a child to college, they will always remember where it came from.
Speak to a Regal life insurance broker today, and give your family the gift of financial security.
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Term life insurance provides coverage within a specific time frame (i.e 10, 15 or 25 years). This time frame is usually the time frame during which your family would need the death benefit most, and offers coverage at affordable premiums. Of all life insurance options this one is the least expensive and most frequently purchased. To purchase this type of life insurance policy, speak to a Regal life insurance broker today.
As the name suggests, whole life insurance covers you for your whole life and also builds cash value while the premium remains level. Whole life insurance can also be borrowed against tax free. Unsurprisingly, the premiums for this form are significantly higher than those found in term life insurance.
Under the terms of a universal life insurance policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy.
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