There is a long list of expenses associated with death. In addition to the taxes on your assets, there are funeral expenses, probate fees, the cost of legal and accounting services that may be needed to deal with your estate's financial affairs, plus hefty additional expenses if the death occurs out of town. Even your executor is legally entitled to compensation.

To make matters worse, your assets may be frozen until your estate is settled. Meanwhile, your family has to come up with the money to pay those final expenses while still covering all of its day-to-day living expenses.

With life insurance, your family will be able to meet its financial obligations. And that is one less thing to worry about.

Use our online Life Insurance Calculator to estimate your needs. You can also get free quotes online from top Canadian life insurers and apply online. Or, call 1-877-397-4187 to speak with a licensed, non-commissioned TD Insurance representative¹.

¹ TD Insurance representatives and advisors are licensed life agents of TD Life or TD Waterhouse Insurance Services Inc.