Term or Permanent?

Posted on May 16, 2008 and updated January 23, 2019 in Life Insurance Canada News 1 min read

term insurance

Should I buy term insurance or permanent insurance? This is likely the most frequently asked life insurance question. Many insurance and financial “experts” will give a uniform answer, but reality is not so simple.

 

Life insurance is not a uniform product: the right insurance depends on the applicant’s objectives. In the latest addition to our Life Insurance Tips section we’ve tried to answer this classic question, which insurance is best, term or permanent?

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George
George

should i buy term and invest the differance in a seg fund