Insurance | Life Insurance

One of the main benefits of life and health insurance is the peace of mind that comes with knowing the important people in your life will have financial security in the event of your death or serious illness. Some life insurance products can also help meet your retirement and savings goals.

Buying life insurance is a big decision. While you may be thinking, "I'm young, I'm healthy...I don't need life insurance," the unexpected can happen. Wouldn't you rather be prepared in advance?
Life insurance is for your survivors - a spouse, your children, and other dependents. It can also pay off your mortgage or help you put money away for your child's education. It can also play a role in your retirement income. But more importantly, life insurance offers you peace of mind because it ensures the security of your family's financial future.

Many people say "I have group insurance through work", but in many cases it may not meet all your financial needs or always be available when you need it. One common measure of how much life insurance you'll need (assuming you currently have none) is between seven and 10 times your current income. But this is only an estimate. The true figure depends on your total assets, the liabilities you leave your family and your family's need for continuing income.

If you own a business or are involved in a partnership, you should consider corporate insurance. Our Certified Financial Planner can give you more details on business owned life insurance, discuss ‘buy-sell agreements’, key person coverage, and other options to find money to buy out a partner in case the need arises.