Types of Life Insurance

There are two basic types of life insurance in Canada, term life insurance and permanent life insurance.

There are a variety of term life insurance products available; everything from 5 year term, 10 year term, 20 year term, right up to 30 year term.

In the permanent life insurance family there are three basic types; whole life insurance, term to 100, and universal life insurance.

We’ve written some brief articles on various types of life insurance as well as some specific applications for those products: