A proper financial plan can mean the difference between leaving your loved ones well-positioned financially and leaving them to cope with debts and an inadequate income.Life insurance can help create financial security for you and your family. If you should die prematurely, it can be used to:
Pay final expenses and any debts
Provide an income for your family
Ensure your family has the resources to maintain a comfortable standard of living
Leave a legacy to your favourite charity
While you’re still living, some life insurance policies can:
Build tax-advantaged savings you can draw upon as needed for personal or business opportunities
Supplement your retirement income or provide for long-term care or home care for yourself or a family member
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