How Much Insurance Is Too Much?

Everyone knows that life insurance is important to protect the financial security of the people you love. But it can be confusing to know what you need, how much and when.

Life insurance has to be adaptable to the changes in your life: buying a house, having a family, travelling, retirement all affect the amounts and types of insurance you need. There are also different sources of insurance.

You may have personal life insurance and a plan from work, and your spouse may have a work plan as well. Credit card companies, mortgage companies, car loan companies all offer life insurance and disability insurance. They all sound like good deals, but can you be over insured?

We can help sort through this and other questions. We’ll ensure you and your family is well protected and that you’re not overspending on plans that bring no extra benefit.

You have questions - we have answers! Call us at 416-227-9800.

Insurance products and Financial Planning services are offered through P & K Financial Inc. Mutual Funds are offered through Manulife Securities Investment Services Inc. Banking products and services are offered by referral arrangements through our related company Manulife Bank of Canada.

Manulife Securities related companies are 100% owned by The Manufactures Life Insurance Company (MLI) which is 100% owned by the Manulife Financial Corporation a publicly traded company. Details regarding all affiliated companies of MLI can be found on the Manulife Securities website Please confirm with your advisor which company you are dealing with for each of your products and services.