Term Life Insurance Vancouver, BC
Camlife Financial helps families and businesses with their financial planning, insurance, and investment needs. Term life insurance is the most affordable kind of life insurance; a large death benefit can be acquired at relatively little cost. Premiums are level for a fixed term at which point they increase. The coverage will eventually expire, usually at age 80 or 85. Term insurance is primarily used to pay off debts (especially a mortgage, refer below) and replace an income for dependents in the event of one’s premature demise. Businesses may also use term insurance to replace a key employee or buy out the estate of a deceased partner.
We believe that everyone’s situation is unique and we take the time to get to know our clients. Once we determine specific needs, we devise a plan and go to the market to see which insurer and/or investment company will be the best fit. Representing over a dozen insurance and investment companies, we have access to all the major carriers. We do not charge a fee for service but rather are compensated directly by the investment or insurance company.
Insurance Solutions we offer include: Life Insurance | Term Life Insurance | Creditor (Mortgage) Insurance | Life Insurance for New Immigrants | Non-medical Life Insurance | Permanent Life Insurance | Term 100 - Permanent Life Insurance | Universal Life Insurance | Whole Life Insurance | Medical Underwriting | Living Benefits Insurance | Critical Illness Insurance | Disability Insurance
Your insurance policy must be based on your current and projected ability to pay the insurance premiums, your medical state, your age, future financial plans, as well as other factors. We make sure we understand all this in order to choose the right insurance policy for you. At Camlife Financial, we have access to all available insurance products and can recommend the best insurance coverage suited to your individual needs.