COVID-19: A Message from DFSIN Toronto West Team

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Workplace Life Insurance: What More Do I Need?

The one thing to know about workplace life insurance is that it has an expiry date: the day you stop working for this employer. So, the most important factor to consider is, how long do you want your coverage to last? If you retire at age 65 your workplace life insurance plan ceases. Consider viewing your workplace insurance as “term insurance” and perhaps supplement it with permanent coverage.