At Steers Insurance, we know your life insurance needs are unique to you. And that they ebb and flow over time, along with you and your family. So, how do you know for certain that you have the right kind – and amount – of insurance, through every stage of life? That’s where our straightforward, dependable service comes in. We’ve put together an easy-to-follow guide, outlining your options. Take a look – and then come in or give us a call. Together, we’ll work out a life insurance policy that truly works for you and those most important to you. No more and no less. All with the rock-solid, home-grown experience and know-how that Newfoundlanders and Labradorians have trusted for generations.
TERM LIFE INSURANCE
Designed primarily as a short term policy over a specified period of time. Term Life is an affordable way to protect your loved ones in the event of your death, and can cover specific types of needs, such as mortgage payments or income replacement. It can be a good option for a young family, or when financial resources are limited.
PERMANENT LIFE INSURANCE
Designed to protect those you love over a lifetime. Permanent Life gives your family long-term coverage and financial security by accruing a guaranteed cash value for your beneficiary. These policies generally come with fixed rates, and are an excellent choice for those who want to protection for a lifetime, and the peace of mind of being able to leave something behind for loved ones.
UNIVERSAL LIFE INSURANCE
Providing all the benefits of Permanent Life, Universal Life Insurance is for those with financial security who want real flexibility and a range of investment options. It provides maximum protection for your estate, tax benefits, a savings component, and the opportunity to build your portfolio.
CRITICAL ILLNESS INSURANCE
This type of policy is specifically designed to cover you in the event you become afflicted with one of the most common serious illnesses. A Critical Illness policy is usually paid to you in a lump sum, to cover your medical expenses and income during the recovery phase.
BUSINESS LIFE AND HEALTH INSURANCE
Protecting your company and your employees is sound business practice. Steers offers a wide range of Business Life and Health Insurance products to protect your assets. And, in a highly-competitive world, our group benefits packages can help give you a critical edge in recruiting and retaining the right employees.