Term life insurance – the cost-effective coverage you need
Term life insurance offers affordable coverage for a fixed payment amount, for an agreed-upon period (that could range from 10 to 40 years). If the policyholder dies during the term, a tax-free death benefit is paid to the person or people named as beneficiaries to use as they like. For instance, beneficiaries can use the amount to pay for a living, discharge mortgage or other debts, provide child-care, save for retirement, or cover funeral expenses. So, if you are looking to provide your loved ones with future financial security when you are not around, Xoro Life can help. Our advisors can help you determine the right Canadian term life insurance for you.
Why Choose Xoro Life for Term Life Insurance?
If your family depends on you for financial support, term life insurance from Xoro Life can help take care of their future financial security. When you purchase a term life insurance policy from Xoro Life, a well-known insurance company in Vancouver, you get:
FAQs on Term Life Insurance
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