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It’s a fact, Canadians are living longer and healthier, but with a longer life expectancy comes greater financial needs. If you are between the ages of 50 and 75, how can you make sure there will be enough money to cover your funeral expenses.

Coverage amounts under certain individual and group insurance plans drop considerably when you retire or reach a certain age. How will you compensate for this reduced amount and make sure you have
sufficient coverage?

And what if you were told by a physician that you had less than two years
to live? A critical illness could make the last few years of your life very costly.
Will you have enough savings to pay for private care, expensive drugs or
for a family member to take a leave of absence without pay to become your natural caregiver?

You may also be like more and more people who want to leave something behind to ensure that their grandchildren are able to complete graduate studies, which are becoming more and more costly. How much will it cost your grandchildren to get their dream job? Will they have to work to put themselves through school?

50+ Life Insurance is affordable life coverage that offers many advantages for people between the ages of 50 and 75.

 
 
 
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Copyright © 2010 Desjardins Financial Security. All rights reserved.