Life insurance is one of the wisest ways to protect your family’s financial future, but there are many different types of life insurance that are designed for different life circumstances.
The stages of life will often mean a different life insurance plan:
- Young adult just starting out
- A couple living together
- Owning a home
- You have children
- Separated or divorced
- Business owner
- Retirement planning
- Safeguarding an estate
- Funeral and final expenses
Whatever stage of life you are at, we can help you with the right life insurance coverage, whether it’s Term Life Insurance or Whole Life Insurance Policy.
Term Life Insurance
This is a specific type of life insurance that provides death benefit protection for a specified length of time and only pays benefits in the event the insured person dies within that period.
Whole Life Insurance Policy
This is a type of life insurance in which the premiums are paid for the entire life of the assured. It may also accumulate a cash value policy which is, in effect, a built in savings policy.
Lackner McLennan and Erb and Erb Your Ontario Life Insurance Expert
If you are receiving life insurance as a benefit of your job, congratulations. However, please remember, it is only a great perk if you are working. If you lose that job, you lose the life insurance.
Do not allow your family to flounder if you meet an untimely end. Make them whole so they can live the life you would have desired for them.
At Lackner McLennan and Erb and Erb we understand the importance of protection and the contentment of peace of mind. We have been providing it to your fellow earners in N. Kitchener since 1919.
Complete the Protection Savings Form now or call 800.265.2625 and let the professionals at Lackner McLennan and Erb and Erb craft a lifeline that will last a lifetime.
Lackner McLennan and Erb and Erb provide these informational articles to educate the public about insurance and investment related matters. This article does not substitute for broker advice regarding your specific insurance or investment needs. For a comprehensive strategy to tackle what you, your family, or your business, may need we invite you to speak directly to a broker who can guide you through all the options available to you.