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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.

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