Life Insurance

Understanding the Importance of Life Insurance

Life insurance is more than just a financial product; it's a cornerstone of a comprehensive financial plan that provides peace of mind for you and security for your family. At Plume Financial, we believe in the power of preparedness, ensuring that your loved ones are taken care of, even in your absence.

Why Consider Life Insurance?

Life insurance isn't just about covering final expenses; it's a versatile tool that can help your family maintain their lifestyle, manage debts, fund your children’s education, and even serve as a financial safety net in times of need.

Key Questions to Explore

Before choosing a life insurance policy, it's essential to reflect on the following:

• How would my family's financial situation be affected if I were no longer around?

• What are the current debts and future obligations (like a mortgage or college tuition) that my family will need to manage?

• What kind of financial future do I want to secure for my loved ones?

• How can life insurance support my other estate planning tools and strategies?

Choosing the Right Policy

At Plume Financial, we offer various types of life insurance policies to suit different needs and life stages, including:

• Term Life Insurance: Ideal for those seeking coverage for a specific period, offering a safety net during your family’s most vulnerable years.

• Whole Life Insurance: Provides lifelong coverage along with an investment component, building cash value that can be borrowed against in the future.

• Universal Life Insurance: Offers flexible premiums and coverage amounts, with opportunities to grow cash value based on market rates.

Comprehensive Support at Plume Financial

Choosing the right life insurance policy involves considering many factors, including your financial goals, family needs, and overall estate planning strategy. At Plume Financial, we don’t just sell policies—we build relationships. We’re here to guide you through understanding your options, making informed decisions, and selecting the coverage that best suits your family’s needs.

Book a meeting with our team today to make sure you've got the appropriate coverage.


400-494 Queen St,

Fredericton, NB, E3B 1B6

Office (506)462-7260

Fax (506)462-0910

© 2024 Plume Financial Services Inc.