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 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
There are overwhelming life insurance options available, with two of the most common options being term life and whole life; one of the biggest confusions for many people who do not have experience buying life insurance is trying to know and understand the differences between term life and Whole Life Insurance policies. It will discuss … Read more
It can be overwhelming to figure out which life insurance policy is the right one to choose, considering the many options available in Canada. Whole Life Insurance is one of the two options you could be considering for long-term coverage (the other is Universal Life Insurance). Both hold peculiar benefits & characteristics in them, so … Read more