New question in Life Insurance FAQ

Posted on July 1, 2010 and updated September 9, 2010 in Life Insurance Canada News, Life Insurance FAQ 1 min read

New question in Life Insurance FAQ:

Why should I buy Life insurance?

Life insurance can be used for a number of reasons. Below is a sampling of six of these, but there are many more:

  1. Income Replacement
  2. Paying off a mortgage or a line of credit
  3. Final Expenses
  4. Emergency Fund
  5. Money used to fund your child’s education
  6. Estate preservation and creation. (Life insurance is seen by many as an unselfish act because the money is not used for the insured, just their loved ones.)

Read more questions about Life Insurance FAQ.