Life Insurance

You care about the financial security of your loved ones? We do too!

 

Contact us

1-800-565-4550

 

Why life insurance?

Simply to protect your loved ones in the event of your death.

 

The non-taxable amount paid to your beneficiaries can be used to:

  • Pay off your debts, especially your mortgage
  • Maintain the standard of living of those who are financially dependent on you
  • Leave an inheritance to your family
  • Pay estate fees and burial expenses

How to choose your life insurance

 Term life insurance

Perfect for a temporary period of time; this is the most affordable life insurance.

  • Guaranteed premium for the duration of the contract
  • Renewable and convertible to permanent life insurance without medical proof

Two term life insurance options are available:

Traditional life insurance

  • Higher insurance amount
  • Possibility of increasing your insurance amount
  • Option of adding other coverages like life insurance for your children or critical illness insurance

Simplified life insurance

  • Just 60 minutes* to issue a policy
  • No medical exam
  • Purchase remotely without meeting the advisor in person
  • Perfect if you are in good health and like to keep things simple

 Permanent life insurance

Insuring your loved ones for life is possible. What could be more reassuring than knowing that your family will be protected with permanent life insurance, while paying fixed and guaranteed premiums.

Three permanent life insurance options are available:

Traditional life insurance

  • Higher insurance amount
  • Choice of having a cash surrender value that increases over time and may be used to finance your projects
  • Option of adding other coverages like life insurance for your children or critical illness insurance
  • Option of paying over 20 years or up to age 100, if desired

Simplified life insurance or
Guaranteed issue life insurance

  • Just 60 minutes* to issue a policy
  • No medical exam
  • Purchase remotely without meeting the advisor in person
  • Perfect if you are in good health and like to keep things simple
  • The guaranteed issue option is available for those who are more difficult to insure

 Universal life insurance

Combining life insurance and investments, is possible!

Universal life insurance

  • Tax-free investments, even if you have maxed your RRSP and TFSA contributions
  • Flexible coverage: change in the amount of insurance and change in the premium payment amounts
  • Access to accumulated funds (may be subject to income taxes)
  • Option of adding other coverages like term life insurance or critical illness insurance

* Note: Certain conditions may apply. For additional insurance applications submitted by an existing SSQ Insurance client, the policy delivery times may be longer.

Contact us

1-800-565-4550