How Does Convertible Term Life Insurance Work (Canada)

❗Online Life Insurance Recommendation and Instant Quote❗

Term life insurance is an incredibly inexpensive way to protect your loved ones during a specific period of time when they may need it the most. However, what happens when you still need life insurance at the end of your term? In this video, we will discuss the three different options that you have at the end of your term life insurance, and why you may want to convert your term life insurance product into a permanent life insurance product at that point.

Timestamps:

0:00 Introduction
0:45 Term VS Permanent
4:17 3 Options At End of Term
9:01 Reasons You May Want to Convert Your Policy
11:30 Conclusion

👩‍❤️‍💋‍👨IMPORTANT Insurance Videos for Canadians👩‍❤️‍💋‍👨

🗂️IMPORTANT Tax Videos for Canadians🗂️

🟦About Affinity Life🟦
Affinity Life is an online life insurance platform dedicated to busy Canadians. We believe you shouldn’t have to run through a sales gauntlet to obtain life insurance to protect your family. We’re setting out to finally revolutionize and innovate on an industry that hasn’t significantly changed in the last 100 years. We hope you can join us on our journey. Founded in 2020 and headquartered in Calgary, AB, Affinity Life is 100% founder-owned.

#lifeinsurance #lifeinsuranceCanada

📣Follow Us on Social Media📣