Life Insurance

The reasons to buy life insurance are different for each person. The most common reason is to provide a tax-sheltered inheritance for family members at one's death, however, these policies have many other uses. Including:

    • Pay down of mortgage
    • Family income
    • Business continuation and buy-sell agreements
    • Offsetting income tax on death relating to RRSP/RPP proceeds
    • Tax-sheltered retirement income
    • Mortgage insurance
    • Relationship insurance - continuing support beyond death and retirement

Mainway Financial Management's life consultants will work with you to identify your needs, comfort level and risk tolerance. Whether you choose Term, Universal or Whole Life Insurance, our consultants will tailor the policy to fit your specific requirements.