Life Insurance

North Peace Financial Planning Services Ltd.

Life Insurance
Protect your family’s future, even if you can’t be there.

You have a busy life. You’re paying bills and planning for the future. Life insurance may not seem like a priority, but the alternative is leaving your loved ones to deal with financial hardship. If something were to happen to you, would your family have the money they need?

You probably have some form of life insurance. Maybe you purchased it when you got married, started a family, or bought a new home. Maybe it was included with your employment package. Is it enough?

If you have people who depend on you, come in and talk to us. We’ll help you design a life insurance plan that meets your family’s needs. Whether you’re getting married, having a baby, or preparing for retirement, it’s time to look at life insurance.

There are two basic types of life insurance: Permanent and Term

  • Permanent insurance can be paid up in advance, or for the duration of your life.
  • Term insurance is a set amount of insurance for a set time and a set cost. Term insurance usually renews automatically at the end of its term at a higher premium. Term insurance can only be bought or held until age 80 – 85, after which the insurance expires.

Want to speak to an expert? Meet Nadine Thornton, our Insurance Specialist at North Peace Financial Planning Services.

North Peace Financial Planning Services Ltd. is a subsidiary of North Peace Savings and Credit Union offering financial planning, life insurance and investments.

 
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