Parents want to give everything they can to their children. They save everything they can for their children’s College/University and want nothing but the best for them. These plans can become derailed due to unanticipated problems like the passing of a parent before their time.
To be sure your kids are protected long into the future, we can look at permanent insurance where the premiums don’t change and the insurance is in force for the rest of your life (or as long as you keep the premium payments up). If you start with this type of plan early you can keep the monthly costs lower and make sure that you provide for your family in the unfortunate event you pass away prematurely.
Take a look at the sample quotes below to get an idea of the cost. Be sure to distinguish between the male quote (top image) and the female quote (bottom image).
If you’d like a quote made for your situation quickly you can contact Travis Strain directly at 604-308-6030 or mail@travisstrain.ca. Alternatively you can visit our partner site at http://www.lifeinsuranceadvice.ca/ and get a quote done up instantly and free!
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The information provided here is for general information purposes only and is based on the opinion of the owners and writers only, subject to change without notice. It is not intended to provide specific personalized advice including, without limitation, investment, financial, legal, accounting or tax advice. Every effort has been made to compile this material from reliable sources; however, no warranty can be made as to its accuracy or completeness. Before acting on any of the above, please contact your advisor for individual financial advice based on your personal circumstances.