Hi everyone,
Me and my fiance both have permanent full time jobs in Canada and we both have company's health insurance. We want to purchase life insurance for each other for spousal sponsorship (me myself is not PR ). I was wondering if this could be okay that we just add our names under the company's insurance plans ( i.e. for my insurance plan, my fiance is the beneficiary person; and for him at his insurance plan, I am the beneficiary person).
Thank you guys for giving me suggestions in advance! Have a good day!
Me and my fiance both have permanent full time jobs in Canada and we both have company's health insurance. We want to purchase life insurance for each other for spousal sponsorship (me myself is not PR ). I was wondering if this could be okay that we just add our names under the company's insurance plans ( i.e. for my insurance plan, my fiance is the beneficiary person; and for him at his insurance plan, I am the beneficiary person).
Thank you guys for giving me suggestions in advance! Have a good day!