- 1959 Upper Water Street Suite 407 -Purdy's Wharf Tower 1 Halifax, NS, B3J, 3N2
- 1-902-877-6555
- geoff@equisgroup.ca
Life Insurance Halifax, Nova Scotia
Life Insurance provides the necessary money to your survivors. We have access to quotes from all insurance carriers. Our life insurance experts across Nova Scotia will provide quotes from multiple providers to help you find the best life insurance for you. Choosing the right carrier matters. You need to be aware of the key components of your plan.
Here are the main reasons people buy life insurance:
- You want to protect your family
- You are getting married
- You are having a baby
- You are purchasing a home
- You have debt
- You work for yourself
- You have business partners
Here are the types of things people like to protect:
- Replace your income for your family. If you pass, your family expenses will continue. Term Life insurance is used most often to cover this risk. With term life insurance, you can get a high amount of coverage for a low monthly cost to protect your family.
- Protecting your business. Make sure your business is passed on to your partners or successor in an affordable, and tax efficient manner.
- Pay off your debts. Some people use their life insurance to pay of debts like mortgage, credit cards, and lines of credit. Having all of your life insurance in one place can save you money.
- Leave money for your children’s education. The cost of education is increasing. Be sure to leave some money to your family so that the children can still excel and attend the school or life-path of their choosing.
- Cover final expenses such as a funeral, income tax, and business continuation.
Here are some things you may not have considered:
- Will this coverage last for my whole life?
- Will my payment stay the same for my whole life?
- When will my plan renew at a higher cost?
- What will the renewal cost be?
- Are there any options to convert to a permanent plan?
There are differences between the products offered at each insurance company. We will provide life insurance quotes for you and your family in Nova Scotia, and then explain some key differences to guide you to the right choice.