The Globe and Mail
CONTENT FROM GLOBE CONTENT STUDIO
Published January 18, 2021
Shutterstock
For some in their 40s and into their 50s, financial planning is missing an element. The mortgage may be manageable, savings for their children’s higher education is in place, and a retirement nest egg is building. But they still don’t have life insurance.
“It’s not too late,” says Matthew Phillips-Brown, senior life insurance advisor at TD Insurance.
Up until this point in their lives, people may have invested in other types of insurance to cover the “what ifs,” such as mortgages, travel, disability or added health insurance. But for whatever reason life insurance just hasn’t been a priority.