Independent Insurance Broker
Some facts about Life insurance:
Life insurance premiums, like all insurance, are based on the concept of risk. Higher risk means higher claims and that dictates higher premiums. What makes us a poorer risk for life insurance?
For most of us, it’s our age. Younger people generally don’t die as often. Claims are less, so costs – and therefore premiums are lower. Larger numbers of people tend to die as we age, so therefore costs are higher. This is intuitive for most of us – life insurance is cheaper when we’re younger and gets more expensive as we get older.
For more information, please contact me, Cary Fox. 416-380-2221
There is more than one type of Life Insurance.
I can help you decide which is right for you. Contact me.