Life Insurance
Life insurance and living benefits are important products for your long-term financial security, and that of your loved ones. They provide an important financial support in the event of a debilitating accident or premature death, essentially replacing the income you are no longer able to earn or paying for needed services.
Life Insurance: Term Life, Whole Life, Universal Life and Guaranteed Issue products provide a lump-sum payment to the beneficiary of your choice in the event of your death. You can purchase a policy on a short-term basis or for the rest of your life, and you can choose between premiums that are fixed for life or that go up as you age. Policy benefits can protect your spouse and your children, or can even be used to leave a gift to an important charity upon your death.
Living Benefits: This term encompasses several different important insurance products, including Disability Insurance, Critical Illness Insurance and Long-Term Care Insurance. Disability insurance provides for income replacement in the event that you are disabled and unable to work. Critical Illness insurance provides for a lump-sum payment in the event that you survive a life-threatening illness, which can be used to renovate your home, pay for time off work, or to satisfy a dream you've never been able to afford. Finally, Long-Term Care insurance provides for a monthly payment if you require assistance with the activities of daily living.