Whole Life Insurance in Toronto, Brampton & Mississauga

Whole life insurance is permanent coverage that lasts your entire life, as long as premiums are paid. Premiums are guaranteed not to increase, and the policy builds a cash value that grows over time.

Benefits of whole life insurance

  • Lifetime coverage with a guaranteed death benefit
  • Fixed premiums that never go up
  • Cash value that grows on a tax-advantaged basis
  • Participating policies may pay dividends that can increase coverage or reduce premiums
  • Can help cover final expenses and estate taxes, and leave a legacy

Who whole life insurance is for

Whole life is a good fit if you want coverage that never expires, want to leave money to your children or a charity, or want to plan for estate taxes. It costs more than term life insurance, but it is designed to last your whole life.

Compare your options

Not sure which type is right for you? See universal life insurance or permanent life insurance, and we will help you compare.

Talk to Devendra Kumar, Financial Planner (CLU, CHS)

DK Insurance & Investment Inc. serves clients across the GTA from offices in Vaughan, Mississauga and Brampton. Call or text +1-647-761-0517 for a free, no-obligation consultation.

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