{"id":4855,"date":"2023-10-05T13:55:27","date_gmt":"2023-10-05T17:55:27","guid":{"rendered":"https:\/\/planico.ca\/assurances-vie-maladie-graves\/"},"modified":"2025-01-30T13:34:34","modified_gmt":"2025-01-30T18:34:34","slug":"life-insurance-for-individuals","status":"publish","type":"page","link":"https:\/\/planico.ca\/en\/life-insurance-for-individuals\/","title":{"rendered":"Insurance"},"content":{"rendered":"

Life Insurance for Individuals<\/h1><\/h1><\/div>

Protect Yourself and Reduce the Consequences of Unforeseen Events With Life Insurance Solutions.<\/h2><\/h2><\/div><\/div><\/div><\/div><\/div>
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\"Life<\/span><\/div><\/div><\/div>

Insurance for individuals<\/strong><\/p>\n<\/div><\/div><\/div><\/div>

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Lie Insurance for Individuals, Planning for Unexpected<\/h3><\/div>

Protect yourself and minimize the impact of unforeseen events with life insurance. Take advantage of our extensive network of partners, giving you access to a range of comprehensive coverages customized to your needs.<\/p>\n<\/div>

Contact Us<\/span>Contact Us<\/span><\/div><\/a><\/div>

Discover Our Fields of Expertise >>><\/strong><\/span><\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div>

Life Insurance – More Options for Better Coverage<\/h3><\/h3><\/div>

We work with you to analyze your family and matrimonial situation. We identify your objectives and evaluate current and anticipated problems, taking into account the legal aspects of your personal and family environment.<\/p>\n

When it comes to insurance, Planico coordinates all the parties involved to make your life easier.<\/p>\n<\/div><\/div><\/div>

All types of protection<\/span><\/h4><\/h4><\/div>
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<\/i><\/i><\/span>Life Insurance<\/span><\/a><\/h4><\/div>
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Life Insurance<\/h4>\n

Sooner or later, our days will come to an end. Life insurance is a very important way to protect our assets and loved ones in the event of our death. Life insurance can even protect the financial security of our loved ones by providing a tax-free payment.<\/p>\n

There are many types of coverage to choose from, depending on your needs, lifestyle, employer and personal situation. Thanks to our expertise and extensive network, we’ll be able to select the coverage that best suits your situation.<\/div><\/div><\/div>

<\/i><\/i><\/span>Disability Insurance<\/span><\/a><\/h4><\/div>
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Disability Insurance<\/h4>\n

With this type of protection, you’ll have alternatives and financial security in the event that an unforeseen event, accident or illness prevents you from earning an income.<\/p>\n

Thanks to an extensive network of providers, we’ll be able to determine your needs and find the right coverage for you.<\/div><\/div><\/div>

<\/i><\/i><\/span>Critical Illnesses<\/span><\/a><\/h4><\/div>
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Critical Illnesses<\/h4>\n

Living with a critical illness can have major financial repercussions on a person’s life, and may require us to completely readapt our living environment.<\/p>\n

It’s important to plan ahead for costly medical expenses, certain accessories and even changes to your living environment.<\/p>\n<\/div><\/div><\/div>

<\/i><\/i><\/span>Mortgage<\/span><\/a><\/h4><\/div>
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Mortgage<\/h4>\n

Mortgage protection can be an excellent strategy for acquiring real estate, as it can help you obtain a reasonable interest rate, even with a small down payment.<\/p>\n

It’s also mandatory if your down payment is less than 20%. Contact us and we’ll be happy to advise you on this protection.<\/p>\n<\/div><\/div><\/div>

<\/i><\/i><\/span>Accidents<\/span><\/a><\/h4><\/div>
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The importance of being protected in the event of an accident<\/h4>\n

75% of Canadians say that if they were to have an accident and become disabled for more than 3 months, it would have a considerable impact on their debts and could compromise their retirement plans.<\/p>\n

That’s why it’s important to consider protection, so you’re safe in the event of an unfortunate event.<\/p>\n<\/div><\/div><\/div>

<\/i><\/i><\/span>Long-Term Care<\/span><\/a><\/h4><\/div>
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Long-Term Care Coverage<\/h4>\n

It’s easy to take our physical and mental health for granted, but without warning, illness and disability can strike. That’s why long-term care protection is an important choice, so you have an alternative to cover medical expenses that can quickly add up, and avoid compromising your retirement plan.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

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The Discussion<\/span><\/h4><\/h4><\/div>

The first step is to get to know your situation. Without analyzing your needs, it’s impossible to offer you coverage that will meet your specific requirements.<\/p>\n<\/div><\/div><\/div>

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The Presentation<\/span><\/h4><\/h4><\/div>

The second step is to present you with the coverages that best meet your needs. In this step, we clearly explain the advantages and special features of each coverage.<\/p>\n<\/div><\/div><\/div>

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The recommendation<\/span><\/h4><\/h4><\/div>

The third step is to recommend the coverage that, based on our expertise and experience, is best for you and your situation. We advise you, but the choice is yours.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

Life Insurance<\/h3><\/h3><\/div>

This protection mechanism enables you to ensure the same quality of life for yourself or your loved ones, by providing liquidity in the event of premature death.<\/span><\/p>\n

It’s important to note that there are several types of life insurance, including term life insurance and permanent life insurance (whole life insurance<\/a>, participating life insurance and universal life insurance). Each has its own function. Depending on your objectives, you may need more than one type of insurance. Let us guide you to find the one that’s right for you.<\/span><\/p>\n<\/div>

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Term life Insurance<\/h3><\/h3><\/div>

Term life insurance is low-cost compared to permanent life insurance. The latter is mainly used to cover large amounts of life insurance that is usually for a shorter term, such as: a mortgage, a personal loan or to protect the continuity of your family’s income in the event of premature death.<\/span><\/p>\n

You can generally choose between fixed or decreasing life insurance at 50% of the chosen initial amount. The latter option reduces the cost of coverage, since the amount of insurance decreases over time.<\/span><\/p>\n

The term of protection you can choose on a term life insurance policy can vary from 10 years to 40 years. How does term life insurance work? Assuming a term of 10 years, at the end of the contract you’ll generally have 3 options:<\/span><\/p>\n