Dependent Life Insurance in Canada

Added by EBScanada, Created: Jun 12, 2024, Updated: Jun 12, 2024
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Dependent life insurance pays out if an eligible spouse or child passes away. Typically offered as group coverage through work. Provides money for final expenses without tapping savings. Easy enrollment through employer plans. Small premium costs. Payouts made to policyholder. Evaluate if dependents rely on income.

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