“We can’t find a place for Mom — there’s a two-year waitlist.” That’s what Rajiv told us last fall as he scrambled between hospitals, rehab facilities, and his day job. His 79-year-old mother, recovering from a stroke, had no long-term care placement. The family had the money. They were ready to pay. But there were … Read more
As our society gradually ages and as life expectancy continues to increase, long-term care planning is one of the most critical issues to be addressed on the financial security agenda for Canadians. Long-term care (LTC) has historically been supported in part through a combination of government programs, private insurance policies, and family caregiving. But, as healthcare systems … Read more
A Journey Through Insurance Choices Planning for the future can be a daunting process for many, and Canadians are no exception to this fact. When you are looking for Life Insurance quotes or Term Life Insurance Canada comparisons, all of the different Life Insurance plans available might make you feel a little lost or overwhelmed. When you go … Read more
Life Insurance is one of the simplest tools you could use to protect your loved ones in case a disaster strikes. Of course, the market offers several Life Insurance products, each geared to different tastes and needs. Renewable and convertible insurance are among the up-and-coming groups compared with traditional Life Insurance products. We shall be … Read more
Accidents are unpredictable and can bring with them life-altering consequences. It is, therefore, very important for families to be financially secure. Among the most reliable ways of securing one’s loved ones in Canada is Term Life Insurance. Many Term Life Insurance Policies offer optional accidental death benefits, which provide an additional layer of security against … Read more
Insurance policies rank among the most reliable tools for financial security, one that provides protection and long-term financial growth. In fact, the issue is more in understanding what all the terms that come along with an insurance policy really mean. One of the critical terms in this context is “maturity” in an insurance policy. This … Read more
In Canada, Life Insurance can be provided, but return-of-premium (ROP) Life Insurance Policies have an attractive feature that classifies them differently from other Life Insurance plans. If the policyholder outlives the term of the policy, he or she receives a full or partial refund of the paid premiums. This is an added encouragement for a … Read more
Level Term Life Insurance is still the most common Term Insurance used in Canada. A well-defined policy with transparent coverage for a specific period as well as fixed premium and payout makes it very attractive to anyone wishing to have predictable affordable protection of their loved ones. Whatever your reason for considering life insurance – … Read more
Perhaps it is the most important financial decision you will ever have to make. It is to provide some form of finance to your close relatives in case something happens to you. However, making a decision about how much coverage to consider with Life Insurance can be highly stressful. Income, debts, and family size can … Read more
Cancelling a Life Insurance Policy is one of the most serious decisions you may have to make, requiring extreme deliberation. Be it to change a different policy, lessen your monthly spendings, or have discovered that your existing coverage no longer fits your needs, it is of prime importance to understand how to cancel the same … Read more