Well the answer is – Can you really afford not to have it?
Simply ask yourself, who depends on your income?
Life insurance provides financial protection and peace of mind knowing your family and loved ones would get the financial support they need.
Having a life insurance policy in place is one of the most important investments you would ever make. From covering mortgage payments, debts, covering final expenses and taxes. Life insurance is one of the most crucial financial planning tools for you and your loved ones. A good way to start is to do a needs analysis to find out how much coverage you need and for how long. Accordingly, you could have an insurance policy to cover a term period, whole life or customized plan for your unique situation.
You must choose a licensed Financial Advisor to assist you with designing of an insurance policy that would suit both your needs and budget. During these unprecedented times it is even more important to stay informed and be responsible both for your personal and business needs.
Most insurance companies have updated their eligibility criteria and you could be approved for up to $1,000,000 of life insurance without medical based on your personal situation. Leading insurance providers like CPP, offer a true No Medical Insurance coverage which means that no doctors’ visits or needles are necessary. Once you qualify the screening questions you could be approved for both life and critical illness insurance coverage within no time.
At times you may have fear and uncertainty surrounding these times if life insurance would cover death from global health crisis like COVID 19?
Yes, once you have your life insurance policy in place and based on your honest and accurate answers on the application, your insurance policy will pay out for all types of death – including and related to complications from COVID 19 or any other disease.
At Insurepedia | SRK Insurance Services Inc, we continue to ensure ease of doing business with our expertise and best in class service. We offer no-obligation quotes to your specific insurance needs and are fully equipped to provide you insurance policy using latest technology in non-face-to face environment. Contact us today to discuss your personal needs and we will do the rest.