Term Life Insurance Ottawa, ON
Ottawa Life Insurance Brokers & Agents
Term life insurance is most cases the least expensive form of life insurance that protects an individual over a pre-defined period.
- Offers temporary Protection
- Different periods available
- Fixed payments for chosen period
- Term Life Insurance offers ability to purchase large amounts of coverage at relatively low cost
- Automatically renews without medical evidence
- Convertible to permanent life insurance without medical evidence
Term Life Insurance can be used in the following instances:
- To replace lost income in the event of premature death
- To cover debt
- To fund a buy/sell agreement for business owners