Some companies are offering ‘bundled’ products now which include life, critical and disability insurance in one policy.
This is a very good product for younger families as it provides financial security to the family in case of death, critical illness or long term disability of the person insured. It is an ideal product to cover one’s mortgage as well. The probability of a 35 years old person to die or get disabled or to be diagnosed with a critical illness before the age of 65 is 50%. Any one of the three situations can be very devastating for families with dependent kids. This product comes out to be cheaper than all three insurances purchased separately.
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#111-2580 Cedar Park Place Abbotsford, BC