VUL vs IUL in Canada: Which Universal Life Policy Builds Wealth Better?

VUL vs IUL in Canada Which Universal Life Policy Builds Wealth Better

Creating wealth while keeping your family safe is a goal most Canadians share. Among many other uses, life insurance is an essential tool in this plan, especially for those who want to balance long-term financial stability with investment growth. Among Universal Life Insurance Policies in Canada, the “VUL vs IUL” comparison is often discussed online, … Read more

Residual Benefits In Disability Insurance: How They Work In Canada

Residual Benefits In Disability Insurance How They Work In Canada

The majority of individuals believe that Disability Insurance is not important until the time when a person cannot work at all. That supposition is inconsistent with the reality of the impact of illness and injury on working Canadians. Statistics Canada indicates that a significant proportion of people facing work disruptions due to health conditions still … Read more

How To Choose The Right Sum Assured For Your Term Life Insurance Plan In Canada

How To Choose The Right Sum Assured For Your Term Life Insurance Plan In Canada

Why Getting The Sum Assured Right Matters More Than Ever Canadian life insurance choices are becoming more influenced by economic uncertainty, increased household debt, and an increased life expectancy. Statistics Canada says that the average Canadian household debt-to-income ratio is still above 180, which indicates that families have huge financial obligations as compared to their … Read more

How Much Term Life Insurance Coverage Does An NRI Need In Canada?

How Much Term Life Insurance Coverage Does An NRI Need In Canada

Canada still receives thousands of Non-Resident Indians (NRIs) who visit to work, learn, invest or take care of their families in other countries. In 2025, according to the statistics of the census in Canada, a regular increase in the number of temporary residents and foreign specialists, many of whom have strong financial connections across the … Read more

How Life Insurance Protects Your Wealth From Inflation In Canada

How Life Insurance Protects Your Wealth From Inflation In Canada

The financial reality of all Canadian households has been changed by inflation. Statistics Canada says that inflation hit above the historical average in several years after the pandemic, and even though it decreased to 23 percent at the end of 2025, the price of housing, food, transportation, insurance rates, and long-term care continued to rise … Read more

How Your Medications Can Affect Life Insurance Rates In Canada?

How Your Medications Can Affect Life Insurance Rates In Canada

Several​‍​‌‍​‍‌ Canadians are shocked when they find out everyday medications can change the way life insurance companies rate their application. A blood pressure, cholesterol, anxiety, diabetes, or pain relief prescription is, in most cases, a cardiologic condition that is the primary concern of the insurers from whom they obtain information for granting coverage. Medications do … Read more

How Much Does Life Insurance Cost in Canada 2026?

How Much Does Life Insurance Cost In Canada

Life Insurance is emerging as an important aspect of the lives of more Canadian families, particularly due to increased financial strains and the need to plan long-term. The Canadian Life and Health Insurance Association (CLHIA) has reported that over 22 million Canadians currently possess life or health insurance products, and national Life Insurance payouts surpassed … Read more

How Life Insurance Affects Divorce Settlements In Canada: What Couples Must Know

How Life Insurance Affects Divorce Settlements In Canada

When​‍​‌‍​‍‌ couples separate, life insurance is no longer just a typical financial product. In Canada, it is a significant factor shaping support arrangements, future planning, and the economic stability of both partners and their children over time. The scenario of an ended marriage followed by the use of life insurance in divorce proceedings is essentially … Read more