We provide an online database of over 40 Canadian companies so that you can find the most competitive rate for your situation. Before you talk to an agent, you should know what you might expect to pay. Then your agent can check to see which company gives the lowest rate for your health risk factors. It provides life insurance protection, like term insurance, but it also assigns a portion of the premium to an investment account. The major drawback is that the premiums are too high for most people to purchase sufficient coverage.
Financial planners recommend term life insurance for most people.
Some great tips for life insurance shoppers. Here are term life insurance comparisons now available on the Internet for consumers. Just a few years ago, you could not find this kind of information. This is provided by the company that started the business of comparison shopping for life insurance. Here is a life insurance agent that consumers have been trusting fo 30 years.