If you have family or loved ones who depend on your income, it is recommended to have some insurance coverage.
If you do not have any dependents or have an existing life policy, you may not need additional coverage. At Dundas Life, we help assess your personal financial situation and present options that make sense to manage your potential risks. We only propose getting a life insurance policy where it makes sense.
If you do need coverage, it's best to buy as sooner rather than later. Life insurance rates go up as you get older. This is because it's cheaper for an an insurance company to insure a young and healthy person, compared to an older person with preexisting conditions.