Term Life Insurance vs. Permanent Life Insurance: which life insurance is best for you?
Whether you're looking for the affordability of term insurance or the lifelong protection of permanent insurance—or a combination of both—we have options to fit your needs and budget.
Learn more about the types of life insurance available.
Term life insurance
Your can purchase a large amount of term life insurance for an initially low premium.
This solution is best for your short-term needs, such as:
- A home mortgage
- Outstanding debt
- Educational expenses
- An auto loan
Permanent life insurance
Permanent life insurance offers a fixed premium for an amount of coverage you choose.
Permanent life insurance provides for your long-term needs, such as:
- A loved one's financial needs
- Final expenses
- Estate planning
- Contributions to charity
- A business estate
- Access to cash value
Let us help you select the coverage that best fits your needs. Contact your Desjardins Agent today.