WHO'S AFRAID OF LIFE INSURANCE ?
The short answer: many people. No one wants to be reminded of their mortality, but that's exactly what happens when you shop for life insurance. The sheer variety of products available can also be confusing. As many as 88% of Canadians are not familiar with their life insurance options. Here are some common myths about life insurance and the facts that can help dispel them.
MYTH #1 :
"LIFE INSURANCE IS TOO EXPENSIVE"
Most people overestimate the cost of life insurance, thinking it's three times more expensive than it actually is.
MYTH #2 :
"I AM YOUNG AND HEALTHY, I DON'T NEED LIFE INSURANCE"
From an insurer's perspective, young and healthy people are less at risk, so their premiums are lower. Youth and health are therefore a considerable advantage.
MYTH #3 :
"THE LIFE INSURANCE I HAVE AT WORK IS ENOUGH"
This type of insurance may not meet your loved ones' needs in the event of an emergency. in addition, you may end up changing jobs and no longer have access to your current coverage.
DID YOU KNOW?
Life insurance without a medical examination is available to everyone.
SIMPLIFIED ISSUE INSURANCE IS THE MOST
STRAIGHT FORWARD LIFE INSURANCE AVAILABLE!
