Life Insurance rates and increasing life expectancy! ( A Video)

Life Insurance rates and increasing life expectancy! ( A Video)

While lifespans are increasing, it should make our insurance cheaper. However, term insurance rates are the only rates that are getting cheaper. Infact, renewal rates of term insurance are actually climbing. Permanent Life Insurance rates are also going up hence the rule of increasing lifespans resulting in lower insurance costs does not apply here.

Therefore, the question is what should I do? Should I buy term insurance or should I buy permanent?

Please note that you must look at your need and structure your insurance solutions to match your needs. If needs are of a temporary nature and budgets are low then look for a term policy. If needs are of permanent or long term in nature, or if insurance is for estate planning or to even build some cash values then permanent insurance could be the answer.

Let us prvide you with all the options that could empower and facilitate your decision making process.

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)

Prepared by: Aman Kapur


Our Testimonials

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.


Leyland L. ( Toronto ON. December 2012) on Aman:

Aman Kapur is passionate about providing insurance related solutions. He is very expressive and makes the entire process enjoyable and interesting. He provides clarity to whatever is being discussed.

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