Courtney - Advanced Insurance Benefits Inc.

Term Life Insurance - Simple & Affordable Coverage.

My Term life insurance – Canada Life Simple and affordable coverage for big expenses, so you’re protected when it matters most. Visit www.canadalife.com/insurance/life-insurance/term-life-insurance to learn more. View the video transcript: Description: This animated video introduces a character named Amira to help illustrate how term...

Did you know that you have options when your term life
insurance is coming to an end? You may be able to:
- Renew your coverage
- Convert to a longer term
- Convert to permanent insurance

What happens when my term life insurance expires? See what options you have when your term life insurance expires. Whether you choose to renew or convert, learn more about the details here.

Hope everyone enjoys a nice and sunny long-weekend! 🌞

If you’re buying a home or renewing an existing mortgage, you may be offered group insurance by your lender or broker. You put a lot of money towards your home, so it’s worth taking steps now to protect your investment.

Mortgage life insurance is typically marketed towards new homeowners who may be concerned that an unexpected death or illness could leave their loved ones with a large mortgage.

Personal life insurance can perform a similar function for you, but isn’t tied to just covering your mortgage. It’s designed to provide your beneficiaries with money in the event of your death. Its flexibility allows your beneficiaries to use the money for whatever purpose they wish. It’s an individual insurance product.

How is personal life insurance different?
Personal life insurance pays money if you die while covered under the policy. With personal life insurance the homeowner typically owns the policy. Unlike mortgage life insurance benefits, this money can be used however your beneficiary or beneficiaries see fit.

Mortgage insurance vs. Life insurance: What meets your needs? When buying a home or renewing a mortgage you may be offered mortgage insurance. Compared to life insurance, which one meets your needs?