Temporary Life Insurance is a cost-efficient option to protect your family’s future.
Insurance for 10, 20 or 30 years, or until 65
As its name indicates, Temporary Life Insurance will only cover you for the period stated in the policy, often for a period of 10, 20 or 30 years, or even until you reach 65. Premiums will remain fixed for the entire term.
This temporary protection is primarily used to cover debts or loss of revenue, or to protect your family, which will receive a lump sum to maintain their lifestyle following an untimely death.
At the end of the term, you can easily renew your policy with no medical exam, up until your 80th birthday. Your premiums, however, will increase at renewal, since the older you get, the higher the insurance risk is.
Because each situation is unique, Lussier Dale Parizeau’s financial advisors are here to guide you towards the life insurance product that will meet your needs and ensure your peace of mind and that of your family.