TERM Life Insurance
Call 613-748-7770 OR book your appointment below!
Term Life Insurance is a good choice for:
- Maximum coverage at minimum cost
- Coverage for temporary expenses such as your mortgage, business loans, or while you still have dependent children
- Business owners (key person protection or buy/sell agreements)
- Supplementing permanent insurance to increase coverage
At Ottawa Asset Management, we help you to decide which type(s) of insurance coverage is best for you.
Insurance rates vary widely from carrier to carrier. We work with all the major Canadian providers of Life Insurance to find you the best rates for your policy.
Call us today, or book an appointment online, for a free quote or consultation.
What is Term Life Insurance?
Term life is the simplest and most affordable form of insurance coverage. It provides coverage (single, couple or family) for a set period – usually 10, 15, 20 or 30 years. “Renewable and Convertible” Term policies automatically renew at the end of the term and have the option to be converted to permanent policies (at any time in the term) without any further medical evidence.
The drawback of term insurance is that the premiums increase significantly at the end of each term and eventually the premiums become prohibitive. If you are nearing retirement, you should review your insurance coverages to ensure your estate/legacy will be adequately protected.
Our Insurance Partners:
Canada Life | BMO | Equitable Life | Ivari | RBC | SSQ | Empire | Life Sun Life | Manulife | Desjardins | Great West Life