Term Life Insurance provides coverage for a specific period, such as 10, 20, or 30 years. If you pass away during that term, your beneficiaries receive a death benefit. It’s a cost-effective option for temporary needs, like covering a mortgage or providing income replacement during your working years.

Universal Life Insurance is a type of permanent life insurance that lasts a lifetime as long as premiums are paid. It includes a cash value component that grows over time, allowing you to access or borrow against the funds. Unlike Term Life, which offers coverage for a set term, Universal Life combines protection with a long-term investment component.

Disability Insurance provides income replacement if you’re unable to work due to illness or injury. This coverage helps maintain your financial stability by covering expenses and income loss, so you can focus on recovery without the worry of lost wages.

Segregated Funds are investment funds offered by insurance companies that combine growth potential with added security features, like a death benefit guarantee. They’re similar to mutual funds but come with protection benefits, making them appealing for those looking to invest while protecting their capital.