Permanent Life Insurance - St. Catharines

Permanent life insurance is protection for you and your family, that will last a lifetime. Hometown Life Insurance and our team that serves St. Catharines understands the importance of  having coverage you can trust, from an experienced and knowledgeable team. Our offices throughout Niagara are here to help our friends, families, and neighbours, protect themselves and their loved ones. Our small-town roots integrated with our advanced digital capabilities allow us to provide you with unmatched service though the entire life of your policy. Let us know how we can help you today!

Finding the right permanent life insurance product can be a big decision with long-term implications, but you don’t have to make that decision alone. Our Hometown team specializes in providing advice to clients when they are evaluating their permanent life insurance options. What is even better for you and the other residents of St. Catharines, is that our team is located in Niagara with you. We understand the importance of providing valuable, long-term advice and protection. It means being there for you and your family, from the time you get a quote, all the way until a claim is settled and beyond. Share your experience with us. We love to better understand how we can continually improve the service our customers receive.

Whole life insurance and universal life insurance are two of the most common permanent products. At Hometown, our licensed representatives are here to help you make a decision in the best interest of you and your family, today and in the future. Finding the best coverage will involve us learning more about your current situation and future goals, so that we can tailor a plan just for you. To learn more about your permanent insurance options, visit our whole life insurance and universal life insurance pages on our website or connect with our St. Catharines Hometown team to get started today!

Your life insurance premiums are based on details gathered in your application. The amount of coverage, payment period, your age, gender, smoking status, medical history, lifestyle, occupation, and family history are all factors in the calculation. The insurance company’s underwriters will evaluate your risk based on these various factors, and provide you with the best possible price at your coverage level.

If the life insured passes away and a claim has to be made on your policy, the first step is to call our St. Catharines Hometown Life Insurance team. We will guide you through each step of the process to make it as quick and easy as possible for your family at an already difficult time. Hometown will communicate the information to the insurance company on your behalf, so you don’t have to worry about that added responsibility. 

The entire cost of getting a quote, applying for life insurance, and even any medical underwriting requirements is all covered, at no cost to you. You will only pay your monthly premiums to activate and maintain your policy, which will all be communicated and confirmed for you in your policy.

You are able to cancel your permanent insurance coverage without paying any fees to the insurance company. However, there are some complications that you will want to consider before cancelling. Once your coverage is terminated, you would have to start the process over again if you require insurance in the future. As you age, the premiums you would pay for new coverage will increase and changes in your health could also affect your costs, or even your ability to be insured. Within your permanent coverage, there may also be a cash component that would be paid out if you cancel. However, it likely comes with tax implications. Speak with our licensed and experienced St. Catharines Hometown representatives to better understand your options before cancelling. You may be able to use the cash value instead to pay your premiums to keep the policy in force, or withdraw or take a loan against a portion of the cash. We are here to help!

Adding additional customizations to your permanent policy, in the form of riders, allows you to build your ideal coverage. Some of the most common riders include accidental death, disability waiver of premium, guaranteed insurability rider and child’s term life insurance. You can find more details about permanent life insurance in general and the various available riders on our FAQ page within our permanent life insurance resources.