By Bridge Force Financial Group Inc.
Edited by Admin
Why Life Insurance?
The Life Insurance industry in Canada has not done a great job of marketing itself. Most Canadians think that life insurance is used to either cover off funeral expenses or provide an income for a survivor, most often a spouse. But there are many more ways that life insurance can be used:
Eight (other) Uses for Life Insurance in Canada
- Paying mortgages and debts
- Paying estate taxes
- Creating an estate
- Providing cash flow in retirement
- Equalizing an inheritance
- Paying for college/university
- Taking out a loan/borrowing against
- Funding charitable contribution
If you would like to learn more about what life insurance can do for you, please contact us and we will connect you with a qualified advisor in your area.