As gifts go, permanent life insurance makes surprising sense. You lock in your child’s insurability—forever. And you set them up with an alternative asset class that can give them a head start.
More and more young Canadians rely on their families for help with tuition, debt repayment, even entry to the housing market. But what about those who are in it alone?
You bought life insurance for big reasons. The biggest. When you review your policy, what you’re really doing is taking a fresh look at the commitments you’ve made to the people you love.