Heritage life insurance is here for you, designed to cover your most essential needs.
Whether it is to protect your spouse and / or your children, family protection is essential. Primary needs, we said? Just think about your mortgage, your car loan or lease, your loan (s), all debts that could potentially affect your estate when your death occurs.
Yes some opt for inheritance life insurance in order not to worry about their loved ones with their debts once passed from life to death, others choose it to cover their taxes (death tax on the second home, donation to a charity, to a hospital, etc.).
The reasons are therefore both good and multiple to take out inheritance insurance, insurance that allows you to designate the beneficiary or beneficiaries of your choice.
For more than a decade, more people have opted for life insurance rather than taking out some retirement savings plan and / or RRSP.
We all know that it can be difficult to accumulate large RRSPs for a comfortable retirement. Without forgetting that the retirement age has long since been pushed back, to the point where the word “retirement” sometimes seems so distant that our main motivation remains the love of our job. since, it seems, we are destined to occupy it for a long time to come.
You can of course have taken out a good savings plan for your retirement, but life being what it is it appears almost inevitable that certain circumstances, obviously unwanted, will upset this plan :
- Low stock returns
- Job Loss
If one (or more) of these “life circumstances” afflicts you, then you will have to draw from your savings to carry out the projects that are important to you.
This is one of the reasons many people turn to inheritance life insurance, a simple and effective concept: children insure their parents (with their agreement). And it is not uncommon for the children to pay the monthly premium together.
By insuring their parents in this way, the children concoct a significant amount of non-taxed capital (life insurance is not taxable … unlike the RRSP!) While the parents, for their part, rejoice at the idea of leaving this form of inheritance to their offspring.
Did you know you can buy life insurance from as low as $ 50 / month? To make a quote, go to SoumissionAssuranceVie.ca! You will quickly see how profitable it can be to purchase inheritance insurance.
For more information, do not hesitate to contact our Customer Service by dialing toll free at 1 866 370-7677 (7 a.m. to 8 p.m. Monday to Friday, 9 a.m. to 3 p.m. Saturdays and Sundays).
We are here to help you!