Life & Wealth
Whole Life and Permanent Insurance in Ontario
Permanent life insurance, whole life, universal life and limited-pay variants, is designed to provide lifetime coverage and build cash value over time, subject to the contract. It is used most often for estate planning, charitable giving, business succession and clients who want coverage intended to last for life.
- Whole life & universal life
- Cash value accumulation
- Estate & legacy planning
- 20-pay & limited-pay options
Speak to an advisor
Life and living benefits advice.
Our LLQP-licensed, FSRA-regulated life advisors review your situation and explain the options that match your goals and budget.
Speak to a Broker Book an AppointmentWho this is for
- Estate-planning clients
- Business owners with succession needs
- Charitable givers
- Parents and grandparents funding policies for children
How BrokerUnion helps
- Compare permanent products from multiple Canadian carriers
- Model cash-value growth and dividend scales
- Coordinate with your accountant and lawyer
- Structure ownership and beneficiary correctly
FAQ
Common questions
Is permanent insurance worth the higher premium?
Only when the use case is permanent, estate, business succession, charitable giving. For most young families, term is the right answer first.
Life insurance is sold by licensed life agents and is regulated separately from property and casualty insurance in Ontario.
Ready to talk whole life & permanent insurance?
A licensed broker will review your situation and walk you through your options. No pressure, no jargon.
More life & wealth coverage
Term Life Insurance
Affordable coverage for a defined period.
Critical Illness Insurance
A lump sum when you need it most.
Disability Insurance
Replace your income when you can't work.
Personal Mortgage Protection
Better than the bank's mortgage insurance.
Travel Insurance
Out-of-province medical and trip protection.