What is the Difference Whole Life VS Universal Life (Canada)

❗Online Life Insurance Recommendation and Instant Quote❗ Compare Term Life Insurance Quotes Online in Seconds → http://bit.ly/3TWJLma In this video, I explain the key differences between whole life and universal life. I also explain the pros and cons to each one and do my best to describe which product could be right for you. Whole life insurance is more guaranteed but slightly more expensive. Universal life insurance is much more flexible and CAN be less expensive, however, it's much more complicated and more things can go wrong. Timestamps: 0:00-2:07 Introduction 2:07-2:23 Affinity Life 2:23-6:12 Whole Life Insurance 6:12-12:04 Universal Life Insurance 12:04-12:39 Bloopers ❗Online Life Insurance Recommendation and Instant Quote❗ Compare Term Life Insurance Quotes Online in Seconds → http://bit.ly/3TWJLma 👩‍❤️‍💋‍👨IMPORTANT Insurance Videos for Canadians👩‍❤️‍💋‍👨 Life Insurance 101 In Canada →    • Life Insurance 101 in Canada | How Life In...   Term VS Permanent →    • Term VS Permanent Life Insurance (Canada)   Types of Life Insurance Explained →    • Types of Life Insurance Explained (Canada)   Is Life Insurance a Good Investment →    • Is Life Insurance a Good Investment? (Canada)   Mortgage Insurance Explained →    • What is Mortgage Life Insurance? (Canada)   🗂️IMPORTANT Tax Videos for Canadians🗂️ How Taxes Work in Canada →    • How Taxes Work In Canada - Canadian Taxati...   RRSP Explained (Complete Guide for Beginners 2022) →    • RRSP Explained (Complete Guide For Beginne...   TFSA Explained (Complete Guide for Beginners 2022) →    • TFSA Explained (Complete Guide For Beginne...   RRSP vs TFSA (Complete Guide for Beginners 2022) →    • RRSP vs TFSA (Complete Guide For Beginners...   🟦About Affinity Life🟦 Affinity Life is an online life insurance platform dedicated to busy Canadians. We believe you shouldn’t have to run through a sales gauntlet to obtain life insurance to protect your family. We’re setting out to finally revolutionize and innovate in an industry that hasn’t significantly changed in the last 100 years. We hope you can join us on our journey. Founded in 2020 and headquartered in Calgary, AB, Affinity Life is 100% founder-owned. #lifeinsurance #lifeinsuranceCanada 📣Follow Us on Social Media📣 Facebook →   / affinitylifeinsurance   Instagram →   / affinitylifecanada   LinkedIn →   / affinity-life