Get Life Insurance in Brampton | Ontario | Best Life Insurance Plan

1.  Address: 38 Ancestor Dr, Brampton, ON L6X 4Y4 |  437-985-0045 |  contact@rgfp.ca   Home About Us How We Work Services  Blog Testimonials Contact Us Get A Quote Life Insurance Life Insurance Are you prepared for something unforeseen happening in your life? If you are not around with your family tomorrow, how would they cope up financially? In today’s fast paced world, Life Insurance is extremely crucial because it protects you and your family members as well. Life Insurance serves as a financial safety blanket for your near and dear ones in the event of your death. With the right life insurance policy in place, your family won’t have to worry about money if you are not with them. Choosing the right life insurance is crucial for your future as well as the future of your loved ones. Life insurance has the potential to take care of everything – from medical expenses to lost income. We have a team of professional insurance advisors at RG financial planners who have years of experience to make sure the best services for you. Our experts ensure that every policy must meet your business requirements. At RG financial planners, our expert insurance advisors ensure that you’ve got the right protection plan in place. We are committed and focused in identifying the right coverage for you, and ensuring that your policy meets your needs. Benefits of opting for a Life Insurance Death payout benefit  If your family depends on your income for survival, life insurance can replace your income when you are not with them. The most commonly seen case is parents having small children or even in case of couples. If your spouse or children are financially dependent on you, life insurance to replace your income can be an ideal choice. The amount paid to your beneficiary (nominee) can take care of your funeral expenses, debts, medical expenses, tuition fees of children, and practically any possible financial need. Survival (living) benefits  Many life insurance types such as permanent life insurance provide cash value growth. The cash value grows without you having to pay any taxes on it, unless the money is withdrawn. In addition, you can also take loans against the cash value for any immediate expenses such as education fees, marriage, etc. Life insurance policies also have a maturity sum assured along with vested bonuses and interest that are paid at maturity of the policy.  When should you buy a Life Insurance ?

2. As life transforms from one stage to another, it is time for you to opt for a new policy and change the existing one. When it comes to life insurance, the ‘one size fits all’ approach doesn’t work. Each individual has different requirements, so are the insurance policies for them. Here are some of the key turning points in your life where buying a life insurance policy becomes a must. Get A Quote Name* Email* Phone* The moment you have people dependent on you for their finances – spouse, retired parents, young children. You have recently married or divorced.   Services* You have been blessed with a child.  Travel and Super Visa Insurance You are planning for your child’s future and education.  You have recently started a new business venture.  Message* You have purchased a new house.  Your health has gone down significantly.  You are planning for your retirement.  GET A QUOTE  Different types of life insurance products offered by RG Financial Planners Not all life insurance policies are the same. RG Financial Planners enable you to explore the right life insurance that can protect you from the unexpected. Whole life insurance  Term Life Insurance  It is a kind of permanent insurance that provides life insurance coverage for your entire lifetime (as long as you are alive), provided timely premiums are paid as specified in the policy. In the event of your death, the claim payout of the sum assured is made to your nominee. Along with insurance coverage, it can serve as an investment opportunity as well since many whole insurance plans provide cash value benefit. When sufficient money has been accumulated from the premiums paid, you can get access to it (as a loan) in case you need it. Whole life insurance plans are an effective way to invest into the future. It provides protection for a specified time period (term). In case of death of the policy holder, a guaranteed payout is made to the nominee. If you do not have any existing life insurance, term insurance can be a good choice to start with. Many couples prefer to opt for term insurance plans until their kids turn 18. A husband may take a term insurance plan for the financial security of his wife and children when he is not around. Term insurance is the simplest form of insurance that can be purchased for a low premium. In addition, you get tax benefits. The sum assured in case of death in a term insurance policy is higher in comparison to a whole life insurance plan. However, there is no maturity benefit. The premium paying terms are fixed depending on the starting age. Some insurance companies offer the return of premium paid options on term insurance. This means on survival, the premiums paid will be returned back to you.    Universal Life Insurance    It is a type of permanent life insurance offering lifelong coverage characterized by flexible premium payments. It has a cash value associated with the premiums paid that earns interest. You are free to choose what to do with the policy’s cash value. You can either use it to pay the upcoming premiums or you can leave it to accumulate over time. You can take a loan against the accumulated cash value of policy. The minimum cash value and interest rate is guaranteed in universal life insurance. However, you can expect a better performance depending on the market performance. Insurance policies are more than just the price you pay for them. They ensure peace of mind.    Contact Us About Us Services 38 Ancestor Dr, Brampton, ON L6X 4Y4  437-985-0045  contact@rgfp.ca RG Financial Planners is a specialized financial planning firm focusing on goal oriented solutions. Whether you are an established businessman or someone who has just got a job, Financial Planning is important for everyone. Travel and Super Visa Insurance Registered Retirement Savings Plan Life Insurance Health & Dental Critical Illness Many More... CONTACT US © 2020 RG Financial Planners. All rights reserved Privacy - Terms