London Life Insurance Review

London Life has been on the road to help Canadians meet their financial needs for over 130 years. The first thing that I got to say about them is that their website is nicely designed with links to all the different products they offered. I noticed mortgages, saving plans and of course insurance.

They were plenty of products to choose from, ranging from mostly life covers. There were four in their portfolio.

The first and highest priority product is life insurance. Two different packages can be taken out, either term life or permanent life insurance. What I saw, the term life insurance offers the lowest cost which is great for people that are on a tight budget. The terms can be renewed after 10 or 20 years, which I think is an adequate period.

On the other hand, a permanent life insurance can protect you for al lifetime, something I really liked about London Life. There are two plans under this category; participating life insurance and universal life insurance.

In disability insurance, I learned that it can be used to protect three aspects. They are yourself, your family and your business. Seeing all three can be insured can really give you a peace of mind.

The main advantage of taking out a policy is so that you will be able to receive an income in the event of being disabled. The money then can be used to pay for a range of things like rent, salaries, overhead expenses and many more.

Critical illness insurance can also be used for the same thing. The main difference is that it will cover you from critical illnesses that stops you from working. They include all the major conditions like heart attack, cancer and stroke, which is interesting to know because many of these can turn your life upside down if you are not correctly prepared.

Finally, health and dental insurance is another great product offered. I was very impressed to see that there are plans for everyone, no matter what life stages they are in. First there is one for individual and families where you are given the option of five plans and be covered up to 65 years old. The second plan is for those over the age of 50, up to the age of 75 years old.

As you may be too, I was mostly awestruck but so many benefits that London Life can provide. They are truly a one of a kind company to be part of.

London Life Insurance has been rated 4 out of 5 by Insurance Reviews.