Life insurance

Life insurance, built around your life.

Start with the people who depend on you and the commitments you want to protect. Explore term and permanent coverage with Aleck Boyd, with clear explanations of the costs, trade-offs, and next steps.

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Personal guidance.
Clearer choices.

Coverage options depend on your needs, eligibility, and the terms of the policy.

Who this may help

Life insurance can be part of a plan for the financial commitments that would remain if you died. A review may be useful when you are:

  • Supporting a partner, children, or other dependants
  • Taking on a mortgage or other household debt
  • Changing jobs, starting a family, or reviewing workplace benefits
  • Planning for business obligations or longer-term family needs

Understand the options

Term or permanent?

Start with how long you need protection and what fits your budget. Use these broad differences to guide the conversation.

Term life insurance

Coverage period
A defined period, such as 10 or 20 years, subject to the policy.
Common focus
Needs with a time horizon, such as a mortgage or years of income support.
Costs and features
Often lower premiums at the outset than permanent coverage. Renewal costs and conversion options depend on the policy.
A question to ask
What happens at renewal, and can I convert this policy later?

Permanent life insurance

Coverage period
Designed for lifetime protection while the policy’s requirements are met.
Common focus
Longer-term needs, such as final expenses or leaving money to beneficiaries.
Costs and features
Usually starts at a higher premium. Cash-value features and payment commitments vary by product.
A question to ask
What keeps the policy in force, and which features are guaranteed?

Coverage, exclusions, premiums, renewal, conversion, and any cash values depend on the contract and insurer. An application and underwriting may be required. For an independent overview, see the Financial Consumer Agency of Canada’s life insurance guide and Ontario FSRA’s policy overview.

Before we talk

What to bring to your consultation

  • An outline of existing coverage, including workplace benefits
  • Your main commitments and the people who depend on you
  • A comfortable premium budget and the questions you want answered

No need to have every number ready. Keep the website inquiry general; Aleck can explain how to share any documents through an appropriate channel.

Get to know Aleck and his approach

Life insurance questions

A clearer place to start.

Coverage decisions can involve more than one need. These questions can help you prepare for a review.

Looking at protection during your lifetime? Explore disability insurance for income protection and critical illness coverage.

Ask Aleck your question

They can be considered together when needs have different time horizons. A review should look at the purpose of each policy, the combined premiums, and whether the arrangement fits your budget.