Your Guide to Life Insurance

For many Canadians, the idea of using a whole life insurance policy as a long-term investment is an alien concept. But in reality, it’s an incredibly efficient way to save and grow your money – and that’s in addition to its primary purpose: ensuring your loved ones are taken care of financially after you’re gone.

New Canadian or not – everyone needs life insurance. If you’re new to Canada and already have life insurance from your home country, then you understand the value of this sort of protection. Remember, experts recommend that we review our life insurance coverage after a major life event – like a move to another country.

Life insurance isn’t about your loved ones getting rich off your death. It’s simply about them having enough money to pay off debt, afford their living expenses, and continue to live the life you had imagined for your family....

Whole life insurance is a type of permanent life insurance that provides lifelong coverage and the ability to grow your money over time. It is a popular option for Canadians who are looking for another way to invest their money, while also protecting their family’s financial future.

Term life insurance provides coverage for a specified period of time, typically ranging from 10 to 30 years. It is a popular option for those who have short-term debts, a mortgage to pay off, or a family that depends on their income.

Choosing the right life insurance policy can be overwhelming, especially with so many options available in the market. Two common types of life insurance policies in Canada are term life insurance and whole life insurance. Let's compare them in this article...

When it comes to life insurance, some people buy coverage for now, meaning they want to be insured for a period when their death would result in financial hardship for others. Others like the idea of using permanent life insurance to supplement their long-term financial plan...

It’s tax time in Canada. Looking for opportunities to take advantage of tax credits and deductions now, while also planning for later? Read on for three ways that life insurance can provide tax savings.

Figuring out how much life insurance coverage you need is a simple matter of ensuring you never have too much or too little coverage. Think about your current lifestyle and the lifestyle that you’d like to leave behind for your loved ones...

It’s not something we like to talk about, but losing a working-age partner or parent takes both an emotional and financial toll on a family. Our loved ones are more than providers of income, of course. But make no mistake: Their financial contribution would be sorely missed if they were to pass.