I'm Only 25, Why Do I Need Life Insurance?

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The heading above is something that many young adults are naïve towards. In today’s society, no one, especially young adults, can afford to get sick. If recent statistics are to be believed, one can deduce that 33% of Canadians do not have life insurance. No one likes to think about the inevitable, however; it is the inevitable that must be taken into consideration when thinking about our future. For many of these young adults, insurance is something they may not consider until it is too late for them to utilize a policy effectively.
 
When young adults finish school, the last thing they want to think about is taking out a life insurance policy. As many young adults are buying homes much later than when their parents, they don’t see the need for insurance. A common misconception among young adults is that insurance is only required once they have equity. . In fact, securing a young adult’s insurability while they are young and healthy is the smartest thing they can do. At Broker Plus Insurance, no mortgage is required to qualify for our Term insurance products.  Even if you don’t qualify for a mortgage or have young adult children who are just starting out, we can help place them with an affordable policy. This is a great way to secure the insurability and financial stability of your future!
 
Our Term Life insurance has many benefits, the most important being they choose their beneficiary, should something happen to them. We provide non-declining life insurance coverage for a specified period of time. The terms offered are 10, 20, 30 and 100 years; we can also offer you coverage from $25,000 up to 5 million. This type of insurance is also renewable and convertible and has six optional riders available.  Critical Illness is another product that is smart to put in place when clients are at a lower risk and in a cheaper age bracket!
 
These optional riders are:

1. Accidental Death Benefit
2. Children Protection Benefit
3. Child Critical Illness
4. Critical Illness
5. Mortgage Protection Benefit
   
6. Waiver of Premium

 
To request a quote on the products we offer, click here.
Or call: 1-877-242-8820 and press 3 to speak with an insurance coordinator.