Because of how low interest rates are currently, there are many other potential financial responsibilities that they may not have calculated.
(PRWEB) June 26, 2013
Canadian life insurance agent, David Moulson of the President’s Group, knows that when it comes to purchasing a life insurance policy in Canada it may not be the easiest of tasks.
These top four things about Canadian life insurance cover what people need to know when looking specifically for life insurance in the area:
1. What do you need life insurance for? Is it for income replacement for taking care of children if a primary income earner dies?
2. How do you decide how much life insurance is enough? You want to make sure your premiums are affordable. No one wants to be insurance broke.
3. What type of coverage should you buy? There is whole life, universal life, and term life coverage plans. Each type has its advantages and disadvantages, especially for Canadians.
4. What are the best life insurance companies in Canada? This is where you may need the expertise of an experienced broker to explain why he or she would recommend a particular Canadian insurance company. Each one may offer different plans specific to your needs.
“According to InsureEye Price Comparison, most Canadians choose life insurance under $500,000,” says Moulson. “Because of how low interest rates are currently, there are many other potential financial responsibilities that they may not have calculated.”
To find out more about David and what he can do to help you, “like” him on Facebook or follow him on Twitter (@David_Moulson).
About David Moulson:
Having been in the life insurance business for over 24 years, David prides himself in running his business with one simple idea: saving people money on the cost of their present life insurance and making sure they have the right amount of protection for the best price. He currently specializes in providing the professional and small business owner market with low cost term life insurance and tax advantaged permanent life insurance. To find out how David can help you, please visit: http://tpgdavid.ca/Home.html.