Term Insurance plans are usually the best for foreseeable risks that can be factored into a given time frame.
Insurance companies such as the Co-operators offer term insurance for different terms. The coverage expires at the end of the term but it can be easily renewed. As a matter of fact, your term insurance can even serve you for a longer period.
One important factor to consider in a term insurance is the affordability of the premium. Interestingly, the Co-operators feature very affordable term insurance premium. The versatile term also guarantees death benefits and an option to easily convert the temporary term insurance to a more permanent insurance coverage.
The Co-operators Versatile Term insurance is a very easy way to convert to a permanent insurance.
You don’t even need a medical evidence to convert your policy provided you are not yet up to 70 years. It is also very easy to apply for this plan. You can get your quote and apply for this plan online.