How did we estimate your life insurance amount?
The estimated life insurance amount is for information purposes only and represents the coverage amount you may need to ensure the financial security of your loved ones. This estimate is based on your income, how much you owe, your dependents and the expenses that may be incurred to pay for your child(ren)’s education. This amount also reflects funeral costs and takes into account any insurance coverage you may already have.
How did we estimate your life insurance cost?
The monthly cost of your life insurance is calculated based on the information you have provided. In other words, your age, gender, whether you are a smoker or non-smoker and the length and amount of the life insurance coverage you choose all affect the cost. Note that you will probably need to go through medical tests when purchasing life insurance. The results of these tests could impact your life insurance cost.
A complete analysis of your situation by a financial security advisor will help you determine your exact needs and obtain a product adapted to your situation.