Is Buying a 10 Year Terms Policy Enough?
Free Advice on 10 Year Term Life Insurance Canada
A ten-year term insurance policy is one of the most popular types of life insurance purchased by Canadians – yet for many people it will prove to be a very bad choice.
In many cases, people have to renew their policies after ten years at huge premiums because they have had a serious medical issue. In other situations, people have a serious disability and realize their ten-year term policy does not address this need at all.
Being the cheapest solutions available, term policies are an overrepresented life insurance choice. To make sure you are addressing the risks of purchasing a ten year term policy it is important to speak with an experienced life agent.