Life Insurance & Living Benefits
Meester Insurance Centre can provide peace of mind by helping you find the best life insurance solutions for your circumstances to protect you, your loved ones, or business partners against financial adversity.
Life insurance is a tool that can be used to manage the financial risk associated with uncontrollable events such as unexpected death. On a personal level, life insurance can be used to provide income and family protection, mortgage and debt coverage, as well as funds to cover final expenses including funeral and estate costs. Life insurance can also be used to meet your business requirements including buy-sell agreements and key person insurance. Using our network of top insurance companies in Canada, we offer innovative and competitive life insurance products through term, whole life and universal life insurance plans, to ensure your financial needs are covered.
Disability insurance manages the risk of losing your income in the event you are unable to work due to a disability. In Canada, roughly one in three people will suffer some form of disability prior to reaching age 65. In the event that this occurs, disability insurance coverage provides monthly income replacement payments. This protects you and your family against a drop in your standard of living and safeguards against having to spend your retirement savings on current living costs.
Critical illness coverage protects against the financial hardship caused by serious health conditions such as heart attack, stroke, or cancer. In these difficult times, focusing on recovery and not having to worry about financial burdens is important for you and your family members. Critical illness coverage provides a lump-sum payment that can be spent at your discretion – it can be used to pay for medical treatments, cover mortgage payments or act as income replacement, or cover the costs of a family vacation.
Long Term Care (LTC)
Long Term Care coverage provides an on-going benefit if you require constant care for a medical condition. It is intended to cover the costs of chronic care or home care expenses and safeguards against heavily depleting your savings.
Contact a member of our Financial Services team to discuss your life insurance and living benefit needs.