Universal Life Insurance Pros, Cons, and Cost

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

Term Life vs. Whole Life Insurance: What are the Differences?

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

Should You Buy Life Insurance with a Long-Term Care Rider?

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

Life Insurance: Is Term Life Always Enough?

Protection of your loved ones’ future financially is one of the most critical decisions you can make by getting a Life Insurance Policy. Millions of Canadian families and individuals are now finding such safety in Life Insurance Plans. However, the presence of various insurance plans makes choosing the right one overwhelming. For example, one of … Read more

How to Decide Between a Whole Life Insurance and a Universal Life Insurance Policy?

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