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Term Life Insurance

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The Perfect Temporary Life Insurance You Need

You definitely want to protect and cater to your family and loved ones but you may not be able to carry out your duty if death occurs.  SSQ term life insurance is the perfect life insurance for you to protect your loved ones in the event of your death. You can opt for the 10-year or the 20-year term. The term can also meet your needs until you reach 70. Like other SSQ life insurance coverage, SSQ term life insurance pays the beneficiaries of the insured a non-taxable amount in the event of the insured’s death. The paid amount is usable for the payment of burial expenses, to pay off debts or to leave a legacy to the insured. The term life insurance provided by SSQ will cover your beneficiaries need in an awesome way and you may need it even if you have a group benefit.

Features and Benefits

Just like other SSQ insurance products, SSQ term life insurance is a very flexible and affordable insurance coverage. It also offers a guaranteed premium for the contract period and you can renew or convert the policy to a permanent life insurance without having any evidence of insurability.

  • The coverage pays the beneficiaries of the insured a non-taxable amount in the event of the insured’s death. The paid amount can be used to pay for burial expenses, pay off debts, or to leave a legacy to the dependents.
  • The premium for this insurance coverage is guaranteed for the duration of the insurance contract.
  • The plan can be easily renewed or converted to a permanent life insurance plan. You don’t even need an evidence of insurability to do that.
  • The insured amount for this plan can be modified while the contract is still ongoing.
  • You can also add some other insurance products such as children life insurance or critical illness insurance.

 

 

Additional resources

Learn more about life insurance from these informative articles to help you decide in choosing the best plan for you.

Insurdinary provides a comprehensive quotes comparison sends straight to your inbox so you can start comparing health coverage in minutes. See plans from several major Canadian insurers to choose the right option for you. Our customer health specialists are also available to address your questions and concerns.

For more information, you may contact us at 1-877-574-7475, or complete the form below.

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