Canadian LIC 
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
When it comes to trying to decide on which type of Life Insurance is best, most people are going to look at Term Life Insurance versus traditional Life Insurance, which also incorporates whole life or Permanent Life Insurance. Both types can provide a great form of protection, but they have some big differences in many … Read more
Life Insurance is one aspect of a total plan to protect your family’s future from financial devastation. Generally, you have two options in Canada: Term Life Insurance and Cash Value Life Insurance. While both types offer some key benefits of Life Insurance, they drastically differ in structure, cost, and ultimate long-term value. Which you choose … Read more
Life Insurance is one of those ‘critical’ financial tools that provide a sense of security and peace of mind for loved ones in the event of your death. No matter if you purchased your policy decades or years ago, one question pops into your head: Should I renew my Life Insurance Policy? While your life … Read more
Whole Life Insurance is an extremely powerful financial tool that allows the owner to have lifetime coverage. It takes up a death benefit combined with a savings component growing bigger over time. The most common question most people seem to have weighing their whole life against other types is, “Do I have to pay for … Read more
This is essential when one’s family is supposed to have a safe and protected future within the confines of a home. Herein, Mortgage Life and disability insurance are two insurance policies that would ensure that unforeseen life ones don’t place homeowners in Canada on the brink of financial instability. In this blog post, we’ll delve … Read more
This makes Whole Life Insurance one of the important building blocks for long-term financial planning. They provide life coverage as well as pure savings that will remain invested and continue to grow. In layman’s terms, there are two fundamental choices for Whole Life Insurance in Canada: participating and non-participating policies. Along each of these pathways, … Read more
When it comes to life insurance in Canada, Universal Life Insurance stands out for its flexibility and cash value accumulation. This type of policy combines life insurance with an investment component; it’s a favourite among many. In this post, we’ll go into Universal Life Insurance Plans and the pros, cons, and costs in Canada. Universal … Read more