Living Benefits is insurance coverage in which the only beneficiary is you. The policy protects you in the case of severe injury and illness. There are various Living Benefit plans. Let us help you find out which one is the best for you. Some insurance plans, such as critical illness, pay you in a lump sum.
Meanwhile, other insurance plans pay monthly benefits such as Disability and Long Term insurance. You must choose which type of insurance is beneficial to you. 1 in every 3 Canadians will develop a critical illness. A serious illness and injury cannot be planned for. It can happen spontaneously and prevent you from earning an income for extended periods. Choosing the right coverage to protect yourself in case of anything is crucial.
Living Benefits
Disclaimer: Insurance, Investment and Mortgage products & services are provided by Devangkumar Shah.
Mutual Funds are sold through Shah Financial Planning Inc., the Mutual Fund Dealer.
Lotus Loans and Mortgage ltd. is the principal mortgage broker.