Joint versus Individual Insurance

Joint versus Individual Insurance

Life Insurance is usually bought either as a joint plan or an individual insurance plans. A joint policy could either be a joint first to die or a joint last to die. The payout is only once upon either the first or the last indivual passing away. In an individual plan there are seperate coverages for each individual. Usually, a joint first to die is a little cheaper than an individual plan, however the individual plan gives a double face amount over two people.

We at are experts in explaining the the various types of life insurance that could protect the entire family. Please feel free to contact us at or at 1 416 509 2540. Please visit us for a no obligation quote or advice.

Term Life Insurance

is an extremely cost effective way to insurance yourself when your temporary ( or time bound) needs for insurance are high. During the years when we are raising our kids, have big loans to pay and also building our assets, term insurance could be a great fit.The cost of insurance ( or the premiums) are constant for the duration of the term. Policies are renewable and convertible.


Permanent Life Insurance

is essentially a coverage that is lifelong. It runs through our life assuring a payout upon death. The cost of insurance can be level or YRT and the payout is tax free. Its main purpose is :


Universal Life Insurance one of the best things that could happen in the world of Life Insurance. UL policy is when a permanent life insurance is merged with the possibility to have several investment options.

Your policy provides a lifelong coverage and at the same time you can save money within the policy to create tax-sheltered savings…

UL Policy ….an excellent way to build wealth that could actually become tax-free for your family. There are several options that could be customised for an individual.


Combining your term and permanent insurance: both are important.

People often wonder what is better, Term or Permanent Insurance. Both have their advantages and disadvantages. However, both have a significant role in our world of protecting our family, assets, incomes, family etc etc. Therefore, it could be a good idea to take a combination of Term and Permanent Insurance. It can be bought together in one policy , thus there could be some savings on policy fees and in premiums. It is a Think Smart approach to buying Life Insurance. ( Read More and watch a video)


Mortgage Life Insurance Facts (Part 1 of 2)

Protecting a mortgage and ensuring that your home is secured from creditors is one of the biggest reasons to purchase life insurance and health insurance. We would like to ensure that the mortgage is paid off in the event of death or mortgage expenses are taken care of during the time we are battling against a health problem or a serious illness.


Mortgage Life Insurance Facts (Part 2 of 2)

There are several very valid reasons why people prefer to take an individually owned life insurance and a living benefits insurance plan to protect their mortgage.


Prepared by:  Aman Kapur


Our Testimonials

Safo S. is a client of Aman Kapur for last 7 years ( Mississauga, ON December 2013)

He finds Aman trustworthy to deal with in all aspects…as a professional, as a person and is therefore like a friend.


Nicole and Vincent M. ( Kitchener, ON December 2012) say about Aman:

We found Aman a very courteous and a professional person. He was willing to meet us whenever we were available and that meant working around our busy schedules. Over the years as our needs have changed, Aman was able to offer plans matching the changing needs.


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