SURREY, BC

Life Insurance in Surrey

Term, whole, universal and permanent cover, arranged by an independent broker. We compare what the major Canadian insurers will offer you rather than selling one company’s shelf.

Talk to a Surrey Advisor

Term or permanent

Term cover is cheaper and runs for a set number of years — right when you have a mortgage and dependent children. Permanent cover never expires and builds cash value, which matters more for estate planning than for income replacement. Most families need one, some need both.

How much cover Surrey families tend to need

A common starting point is ten to fifteen times annual income plus the outstanding mortgage. With Surrey property prices, the mortgage component is usually the largest single number in that calculation.

Being a broker changes the answer

Underwriting differs between insurers, particularly on health history and smoking status. The same applicant can be quoted materially different premiums by different companies, which is the entire argument for comparing.

LOCAL

Based in Surrey, not a call centre

Our office is at 12885 80 Avenue, Suite 204 in Surrey, and we are licensed in British Columbia, Alberta and Ontario. You can reach an advisor on 604-828-7213.

Common questions

How much life insurance do I actually need?

Add the years of income your family would need replaced, the mortgage and other debts, and any education you want funded — then subtract savings and existing cover. Our needs calculator does the arithmetic.

Is term insurance wasted money if I outlive it?

You paid for protection during the years your family could not have absorbed losing your income. Some policies also offer a return of premium option if never claiming is a concern.

More guides for Surrey

Not sure what fits? Ask a broker.

Tell us what you are protecting and we will come back with real options, usually the same day.