Until the fountain of youth is discovered, the reality is that we’re all aging. And people today are living longer than ever. Our finances, health and dependents all change as we grow towards retirement and beyond. What made sense when you first purchased your Life Insurance policy may have changed too. You may no longer have enough coverage, or the wrong kind.
Coasting into retirement?
Canadians are retiring with more debt than ever. If this sounds like your situation, know that Life Insurance can be used to pay off debts should something happen to you, so your loved ones won’t be faced with any remaining debt.
If you’re still working, you may have the option to convert to your company’s group plan – but this can be costly. If your coverage is non-transferrable, you may choose to supplement it or establish a completely new Life Insurance plan. Consider Canada Protection Plan’s affordable Term and Permanent Plans … if you’re under 70 years of age, you may be eligible for up to $500,000 in coverage.
Under 80 years young?
Happy, healthy birthday! Celebrate, knowing that you have plenty of options for Life Insurance. If you’re under 80 years of age, you may be eligible for coverage from $1000 up to $300,000 with Canada Protection Plan. Most of these plans don’t require medical tests or a doctor’s visit, so if you have a health condition or have been declined coverage in the past, you could very well still be eligible for coverage.
Plan ahead. Secure your Life Insurance now.
Why should you think about Life Insurance now? Because changing Life Insurance plans while still in good health can pre-empt your being declined, should your health status change. Changes in your health condition can also mean higher premiums. Investing for tomorrow today, allows you to take advantage of better rates. And best of all, our term plans can be renewed up to age 80!
To find out more about what plan may be the best for your stage in life, contact Canada Protection Plan directly at 1-877-851-9090 or speak to one of 25,000+ Insurance Advisors in your area.
