Household income
Help your family manage ongoing living costs if an income disappears.
Life insurance in Québec
Protect the people
who depend on you.
Understand how life insurance can help protect your family, income and financial responsibilities—and what to consider before choosing coverage.
Bilingual service · Online or in person · No obligation
“The time to repair the roof is when the sun is shining.”— John F. Kennedy
01
Why are you exploring
life insurance?
Choose the situation closest to yours for a useful place to begin.
02
Protection for the responsibilities that continue.
Mortgage and debts
Consider financial obligations that would remain for the people you leave behind.
Education plans
Protect the goals you have for your children’s future education.
Final expenses
Plan for immediate costs so they do not become an added burden.
Business continuity
Consider the people and commitments connected to a business you own.
Legacy goals
Identify the family or charitable intentions you want to discuss with qualified professionals.
03
Term or permanent?
Start with the purpose.
Neither option is automatically better. The right discussion begins with the need, timeframe and budget.
Defined period
Term insurance
- Designed for a selected coverage period
- Often begins with a lower cost than permanent coverage
- Can align with temporary needs such as income replacement or debt
- Renewal or conversion terms should be understood
Long-term protection
Permanent insurance
- Designed to remain in force when required premiums and policy conditions are met
- Generally starts at a higher cost than term coverage
- May be considered for lifelong or estate-related needs
- Policy features, guarantees, values and costs vary
This comparison is general education, not a recommendation. Product terms and availability vary.
04
What would your plan need to protect?
Select the responsibilities that apply to you. This checklist is a conversation starter—not a coverage recommendation.
Choose any item to build your discussion list.
05
What can affect the cost?
Pricing and eligibility are determined through an insurer’s application and underwriting process.
06
Questions worth asking.
Clear answers can help you prepare for a more useful conversation.
Do I need personal insurance if I have workplace coverage?
Workplace coverage can be valuable, but review its amount, limitations and portability. Consider whether it would remain sufficient after a job change or loss of employment.
Is life insurance only for parents?
No. A need may also arise from shared debts, a spouse’s financial dependence, business obligations, final expenses or longer-term estate objectives.
Can I change my coverage later?
Some changes may be possible, but policy terms, eligibility and new underwriting can apply. Review available options before assuming coverage can be changed.
Does health affect the cost?
Health is commonly considered during underwriting, along with factors such as age, smoking status, coverage design, occupation and lifestyle.
Am I obligated to purchase after a conversation?
No. The first conversation is intended to understand your questions and explain the process. You decide whether you want to continue.
07
Continue with practical answers.
Your first conversation is free
Not sure what protection fits your situation?
Start with your family, responsibilities and existing protection—not a product.