One of the best types of life insurance that is in Canada is call T100 or Term to 100 life insurance.

This type of policy is one where the insurance rates don't change until you reach the age of 100 and the policy expires. The coverage stays in place until you reach the age of 100.

An interesting part of the T100 life insurance policy is that if the client reaches the age of 100, the benefit is still paid to the client. So you're going to receive the benefit whether or not your reach the age of 100.

An example is a thirty year old couple. You can get approximately $250,000 coverage for approximately $100 per month.

You pay $100 per month for 70 years or 840 months. That's a total of
$84,000 paid into the plan which guarantees a payout of $250,000. This is a still a good rate of return on your money.

If you're Canadian, please visit our life insurance area for Canada and sign up for a life insurance quote.
We will have an agent contact you to discuss the Term 100 or T100 plan that is best for you.

Articles from February 2006
More articles from Year 2006

Comments (0)