Life insurance, a will and a protection mandate are important tools to have to protect your family and property. You can now get these three products in one place with 3-in-1 Life Insurance, a revolutionary product offered in partnership with Matcha Insurance and Neolegal and underwritten by Humania Assurance Inc.
A triple whammy!
With 3-in-1 Life Insurance, you benefit from a single price for your life insurance while saving on the cost of having your will and protection mandate drawn up. And it’s all online!
Do you really need this 3-in-1 product? Let’s explore each part to better understand what it’s all about and the role it could play in your life.
Life insurance
If you have dependents or financial expenses, you need life insurance. Choosing this type of coverage ensures that your family has enough income to cover expenses if you die. Even if you don’t have a family that depends on your income, you may also need life insurance to cover your personal or business debts.
Your insurance needs change throughout your lifetime. To explore the best three times to buy life insurance, check out our other article !
Whatever amount you need, life insurance can help you:
- Protect your family from your financial obligations if you die
- Maximize your estate
- Pay your funeral expenses
- Pay off your personal debts
- Pay taxes on non-liquid assets upon death
With 3-in-1 Life Insurance, you can be insured for life with our permanent life insurance for up to $50,000.
Will
Like life insurance, a will is an effective tool for protecting your loved ones. Although you won’t benefit from it personally, you’ll make things easier for your heirs. If you’re looking for reasons to make a will, here are five !
Making a will is easier than ever with 3-in-1 Life Insurance because you can do it online. The document, signed before witnesses, explains to your heirs how you want your assets and property to be distributed. You can also use a will to appoint a guardian for your minor children in the event of your death and to provide instructions for your funeral.
Protection mandate
In addition to your life insurance and will, you’ll benefit from having a protection mandate drawn up with 3-in-1 Life Insurance. This document allows you to appoint loved ones who you trust to look after you and make decisions about your health (treatment, accommodation, etc.). To learn more about the protection mandate, see our article What is a protection mandate?
The best way to check life insurance, a will and a protection mandate off your to-do list
A single monthly premium for permanent life insurance, a will and a protection mandate is a first in the industry. If you’re between 18 and 80 years old and live in Quebec or Ontario, you can get a quote for this simple, affordable product in a matter of minutes!
