Life
Insurance
Life Insurance is designed to protect you and your loved ones in a
time of extreme personal and financial upheaval. W.P.G. The Wealth Planning Group Inc. offers life insurance products from a number of
insurance companies in order to find you appropriate protection at
the right price.
Life insurance can be broken down into two primary categories:
Term Life Insurance and Permanent (Whole) Life Insurance coverage.
Term life insurance meets short-term insurance needs (like mortgage
insurance), or for coverage and financial security for young families.
Term insurance is cheaper over the short term, but gets more expensive
over time, until it eventually expires completely.
Permanent coverage is much cheaper over the longer term. While
permanent insurance is seen as expensive for shorter term needs,
insurance needs often change during a person's lifetime. Many people
regret not having taken out permanent insurance, opting for term
life insurance instead.
- What would happen if you or your spouse died tomorrow?
- What financial problems would be created, both over the short-term
and over the long-term?
- What are your liabilities, tax and otherwise?
- What if your business partner died?
These are just a few of the questions to consider when looking
at your life insurance needs.
W.P.G. can help guide you through these tough questions and provide
you with solutions to your life insurance needs.
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