Term vs Permanent insurance
I have Sunlife Par II paging for already 5 years. Thinking of replacing it with Term insurance insurance. Do you think its a good move to do that or i will just stay with Sunlife Par II
Im 35 years old Married, with mortgage. Not smoking and no health conditions. Im earning 60000 annually. I have 30k TFSA and 25K RRSP.
Sun Par Protector II with 53, 501 Death Benefit Im paying 132 Cad per month
Im thinking of getting Term insurance instead of Permanent because of my mortgage but i talked to my advisor and she said it wrong move to cancel my Sun Par
u/Intrepid_Conference8 — 10 hours ago