Term and Permanent Life Insurance
KTX Financial Ltd. helps Canadians coast-to-coast find the right life insurance. Founded in 2002, KTX Financial's life insurance brokerage services are available online, by telephone or by email. However you choose to contact us you will always receive the personalized touch required to customize an insurance portfolio that meets your needs.
The brokers at KTX Financial do not work on commission and are dedicated to providing customers with both competitive rates and personalized service. No sales pressure, no obligations - just low rates.
Call us now to speak to a Life Insurance specialist!
1 888 922 8422 toll-free
416 591 9996 locally
Life insurance is basically a contract between the policyholder and the life insurance company. This contract, or life insurance policy as it is more commonly known, is an agreement between you (the policyholder) and the life insurance company where the life insurance company promises to make payment of the face value of the policy, upon the death of the policyholder.
Affordable life insurance policies offer the policyholder’s dependents financial protection. The best life insurance option will depend on your personal circumstances. That’s where a life insurance agent or life insurance broker can help; a qualified life insurance agent/life insurance broker is key in helping you decide what types of life insurance will best meet your needs, and how much life insurance you should have; both which ultimately affect your final life insurance cost.The types of life insurance
What types of life insurance are out there? Life insurance can be boiled down to two basic forms: Permanent Life Insurance and Term Life Insurance.
As the name suggests permanent life insurance is designed to cater to permanent needs. For the average person, these needs include supplementing a survivor’s income, as well as financial security for children who may remain dependent for their lifetimes due to disability or other factors. As a rule of thumb, permanent needs require permanent life insurance.
Term life insurance on the other hand, covers temporary needs. The primary examples include mortgage obligations and support for dependent children to maturity.
How much is enough?
The crux of any financial needs analysis is to determine how much life insurance is needed in order to offset the loss of your income. This amount often includes sufficient provision towards outstanding debts, dependent children and funeral expenses. All these factors are considered when calculating how much life insurance you’ll need, which of course will affect the amount of your life insurance quote.
What is offered by KTX Financial is an online life insurance service which allows you to receive not just one life insurance quote online, but multiple quotes from multiple suppliers via a user-friendly price comparison tool.
In effect, we offer you a way to compare life insurance prices from competing insurers before you take the step of contacting us at the KTX Financial life insurance brokerage. We are an invaluable online life insurance resource, and have been helping customers compare Canadian life insurance quotes since 1999.
The comparison tool is easy-to-use and takes only a minute. By getting a quote, you can secure cheap life insurance online by seeing in black and white what insurers will offer you the best life insurance rates for your specific needs.
Our service is completely free to you the customer. There is no obligation or strings attached, just access to the life insurance information you need to secure the best quote, and the best life insurance protection for you and your dependents.