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You are here: Home / Personal Insurance / Term Life Insurance

Term Life Insurance

A policy with a set duration limit on the coverage period. Once the policy is expired, it is up to the policy owner to decide whether to renew the term life insurance policy or to let the coverage end. This type of insurance policy contrasts with permanent life insurance, in which duration extends until the policy owner reaches 100 years of age (i.e. death).  These types of policies provide a stated benefit upon the death of the policy owner, provided that the death occurs within a specific time period. However, the policy does not provide any returns beyond the stated benefit, unlike permanent life insurance policies, which have a savings component that can be used for wealth accumulation.

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  • September 2016
  • August 2016

Ottawa

Al Warren, CHS
Consultant

6270 Perth St.
Richmond, ON K0A 2Z0

Office: 613-257-6240
Mobile: 613-229-6179

E-mail: awarren@certika.ca

Smiths Falls

Sean J. Lawrence, CHS
Consultant

94 Beckwith St N
Smiths Falls, ON K7A 2C1

Office: 613-257-6229
Mobile: 613-880-2941

E-mail: slawrence@certika.ca

Perth

49 Herriott St.
Perth, ON K7H 1T5

Office: 613-267-8836
Mobile: 613-229-6179

Employee Benefits
Group Benefit Programs

Office: 613-416-2444

E-Mail: awarren@certika.ca

 

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