What product should you choose if you want life insurance in Quebec?

Some people might be wondering: Why take out life insurance? Well, it is very convenient because it allows you and your family to be protected from all kinds of daily situations. If you have debts and a mortgage that needs to be paid for many more years, life insurance is ideal for you. Indeed, it can be a source of income for your family if you should die as you can leave them a legacy and money to pay off your debts. If you take out universal life insurance, you can invest money that will earn revenues for the term that you want. In life insurance, it is critical to know who to designate as your beneficiaries. It is up to you to decide who you want to receive the insurance benefits when you die. If you designate an irrevocable beneficiary, these people cannot be removed from the contract unless they give their consent.