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Life Insurance

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What would happen to your loved ones if something unexpected were to happen to you? Life insurance provides a safety net to make sure that your family isn’t left destitute in the event of a personal disaster.

As brokers, we offer you a complete range of life, disability and critical illness coverage with virtually every insurer operating in Canada. As an independent group, theres no need to recommend one company’s products, so the focus is on your best interest. This means not only selecting the best policy for you from the myriad of available options, but also supporting you in the handling and settlement of your claim, should you need to make one.

Three Types of Life Insurance

Life insurance is designed to provide a lump sum benefit to a beneficiary if the insured should pass away due to either accidental or health reasons. There are a wide variety of products that can be broken down into the following categories:

Term Insurance

This product provides a death benefit for a fixed premium. At the end of each term, the coverage is normally renewable for another similar term up to a maximum age such as age 80. The periods available are as follows:

Term for One year

Term for Five years

Term for Ten years

Term for Twenty years

Lifetime Coverage

Under these policies, your coverage can be continued for your entire lifetime and it comes in several versions including the following:

Term to 100 – Lifetime premium

Term to 100 – Premiums for 20 years

Lifetime Coverage with Refund Features

Under these policies, the coverage is designed to continue for your lifetime, but if you cancel the coverage, there could be a refund. Once again, it comes in a number of versions:

Whole Life – Premiums for life

Whole Life – Premiums for a limited number of years

Term for Ten years

Universal Life – Variable premium including ability to make lump sum prepayments

Testimonials

l. C.

I just want to say thank you for all your help Andy. You always sent us different options with different company so I can always compare the price and policy terms. Other companies just sent us one quote and that’s it, leaving us with no other options to choose from. You also explained in details and followed up from time to time. Your colleagues are also very helpful and professional as well. Highly recommended.Thanks again for your help Andy !!

Brandon Yeung

Rebecca and James were extremely helpful, nice and patient. Will recommend to my friends! Thank you for the good service.

Jeffrey Gong

Andy and his team is amazing!! MISL is my one stop solution for all insurance, mortgage, even financial advice sometimes. The staff are knowledgable and friendly. Andy just recently did the group benefit for my company too, the best rate and flexible terms.

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