Life Insurance
Protect the People Who Depend on You
If something happened to you tomorrow, could your family keep the home, pay the bills, and stay on track? The right life insurance makes sure the answer is yes.
- Licensed in Canada
- Free, no-obligation advice
- English & Farsi
Why it matters
Life Insurance at a Glance
01
Tax-free payout
The death benefit paid to a named beneficiary is generally received tax-free in Canada.
02
Pays off debts
Your mortgage, loans, and credit cards don’t have to become your family’s burden.
03
Replaces income
Gives your family years of income to adjust, without changing their plans.
04
Locks in your rate
The younger and healthier you are when you apply, the less coverage costs.
05
Builds long-term value
Permanent policies can build cash value that grows tax-sheltered inside the policy, which you may access later through policy loans or withdrawals.
Your options
Term or Permanent?
Most families use one or both. The right choice depends on how long you need coverage and what you want it to do.
Affordable protection
Term Life Insurance
Coverage for 10, 20, or 30 years
- Lowest cost for the most coverage
- Ideal while paying a mortgage or raising children
- Many policies are renewable or convertible to permanent
- Coverage ends when the term ends
Lifelong coverage
Permanent Life Insurance
Whole life, participating whole life, universal life
- Covers you for life, as long as premiums are paid
- Builds cash value over time
- Participating policies may earn dividends (not guaranteed)
- Used for estate planning, final taxes, and leaving a legacy
Finding your number
How Much Coverage Do You Need?
There is no single right number. We add up what your family would need, then subtract what is already in place:
- Your mortgage and other debts
- Years of income your family would need replaced
- Future costs like your children’s education
- Final expenses and taxes
- Minus savings and coverage you already have through work
How it works
Four Simple Steps
- UnderstandWe review your family, income, debts, and goals.
- CompareWe show term and permanent options side by side, with real costs.
- ApplyWe guide you through the application and any health questions.
- ReviewWe revisit your coverage whenever your life changes.
Questions
Frequently Asked Questions
Is a life insurance payout taxable in Canada?
Generally, no. The death benefit paid to a named beneficiary is received tax-free. How the policy is owned and who is named as beneficiary matters, so we review this with you.
Do I need a medical exam?
It depends on your age and the amount of coverage. Many policies only require answers to health questions. Larger amounts may require a paramedical exam or blood tests, arranged at no cost to you.
Is the life insurance from my job enough?
Usually not on its own. Group coverage is often one or two times your salary, and it typically ends when you leave the job. Personal coverage stays with you.
Can I change term insurance to permanent later?
Many term policies include a conversion option that lets you switch to permanent coverage without new medical evidence, within the time limits set in the policy.
What is participating whole life insurance?
It is permanent insurance that may also pay policy dividends, which can increase your coverage or cash value over time. Dividends are not guaranteed and depend on the insurer’s results.
How much does life insurance cost?
Cost depends on your age, health, smoking status, the amount of coverage, and the type of policy. We compare quotes from several insurers so you can see real numbers before deciding.
Talk to an advisor
Meet Our Licensed Advisors
Choose the advisor who fits you best, view their profile, and book a free consultation directly in their calendar.
Sina Kia
Founder & Licensed Advisor
Not Sure Where to Start?
Book a free, no-obligation consultation. We will listen, answer your questions, and explain your options in plain language.
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Policy features, guarantees, and dividends vary by insurer and product and are confirmed in the policy contract. Policy dividends are not guaranteed. This page is for general information and is not personalized advice. Disclosure