Term life
insurance.

The cost varies based on your age, health, smoking status, and the amount and term you choose. Alexandre prepares a personalized estimate at no cost.

T10 suits short-term debt or topping up existing coverage. T20 is a frequent choice for young families and homeowners with a 20-25 year mortgage. T30 offers the longest protection for those starting young.

With the bank's mortgage insurance, coverage generally decreases as you pay down your mortgage, while the premium stays the same. The bank is the beneficiary, not your family. With an individual policy, your family receives the capital directly, and the coverage stays fixed.

Yes, if the contract provides for it. Most term policies allow conversion to permanent insurance without new medical evaluation, before the age limit set in the contract. This is an important advantage if your health changes.

Generally, coverage starts at contract signing and payment of the first premium. Some exclusions may apply in the first years for suicide - Alexandre explains this clearly.

No. Once the policy is issued, the insurer cannot cancel it because of a change in your health, as long as premiums are paid and the statements made at application were accurate. That's why it's important to sign up while you're healthy.

Coverage ends, unless renewed. When the contract provides for renewal, it is generally at a much higher premium, based on your age at that point. Alexandre can review your options with you before the deadline.

No. Unlike permanent insurance, term builds no value - that's partly why it costs less. To also save, a permanent or participating policy may be more appropriate.