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
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
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
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
If anything, then figuring out the landscape of life insurance can be truly overwhelming to seniors considering their options in Canada. Among available options, Whole Life Insurance is one that has generated much interest due to its comprehensive coverage and lifelong benefits. The question most people ask is whether Whole Life Insurance is a worthy … Read more
Knowing the types of Life Insurance that exist is very critical to planning your financial future and giving peace of mind to you and your loved ones. Generally, Life Insurance Policies fall into two broad categories in Canada: individual Life Insurance and Group Life Insurance. While both share very important roles in financial planning, they … Read more
It’s an overwhelming and complex arena: Life Insurance, much more so the modifications and additional riders available to a basic Life Insurance Policy. Individuals in Canada can add long-term care riders to their Life Insurance Policies. Hence, it is becoming very famous for its arrangement for future health care while at the same time guaranteeing … Read more