Hello, I am considering to get a Term Life insurance from Costco-Manulife. I never had a life insurance before and looking for some feedback about this company. Thank you.
Feb 6th, 2018 7:23 pm
Feb 7th, 2018 12:21 am
Feb 7th, 2018 7:04 am
Feb 7th, 2018 1:34 pm
That is terrible advice to give when you do not know the context to what OP needs insurance for. Yes, permanent insurance last a life time, but in actuality, premiums are just being deducted from the cash value and dividends built up over that time. The more important question is whether the OP needs life insurance for life or not.ayufan wrote: ↑ Depending on your age, I would buy a whole life 20. It would cost more than term life, but after 20 years,you stop paying and you still get covered till you die.
Also, you get cash value that you can use to borrow against with.
Some people like insurance policy with investment (universal) , but Id rather invest stock wth tfsa account wif my extra cash