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Are you sure you’ve calculated the right amount of life insurance to fully protect your family’s financial future?
Pre-need life insurance policies are limited-premium whole life policies that are usually purchased by older applicants, though they are available to everyone. This type of insurance is designed to cover specific funeral expenses that the applicant has designated in a contract with a funeral home .
Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called "straight life" or "ordinary life", is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. [1]
Securian Canada is the Canadian subsidiary of Securian Financial Group, a provider of insurance, investment, and retirement solutions based out of St. Paul, Minnesota, United States. Its roots go back to 1955, when the Canadian Premier Life Insurance Company was incorporated.
In short, whole life insurance policies are permanent plans that last your child’s entire life and don’t expire. They’re also locked into a fixed yearly premium that never increases. Don't miss
It offers three whole life options: a standard whole life policy; Custom Whole Life, which allows you to enhance cash value growth or opt for higher premiums within a shorter duration; and Secure ...
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