Term Life Insurance

Taking Steps to Get Back to Self: Walk, Run, or Bike for a Cause

"As a psychotherapist, I don’t have the ability to cure a terminal illness. But as a person, I am able to put my shoes to the ground to raise money to fight a disease that is bigger than me, and, hopefully, help others while I’m at it..."

The Forgotten Mourners: How to Support a Grieving Child

In Canada, approximately one in 14 children will experience the death of a family member by the age of 18. During such times, children are often overlooked in the grieving process and are sometimes referred to as “forgotten mourners.” Here are five ways you can support a grieving child...

Green Funerals: Eco-Friendly End-of-Life Planning

As people become more climate conscious, understanding the environmental impacts of traditional funeral approaches becomes all the more important. That's where "green funerals" come in.

Tips for Coping With Loss Over the Holidays

Grief around the holidays is a difficult burden to carry. Those in mourning may keep silent about their sadness as they go through familiar routines and traditions. But this time of year can be a reminder of the past, when a missing loved one was present to celebrate with us...

Gratitude, Living a Good Life, and Letting Go of Our Fear of Death

In this month of October, a time of reflection and thankfulness, let’s see if we can start living life in a different way. Instead of living in fear of death, let’s live because of it. Recognizing that time is not infinite allows us to ask ourselves the important questions...

Living Life to the Fullest After a Terminal Diagnosis

In one way a terminal diagnosis can represent an ending. But, in another way, it is a beginning – a final call to live your life in a different and meaningful way. A mental health expert shares some ways to do this from her own personal and professional experience.

Coping With Loss: Honouring a Loved One After They’re Gone

Miss having tea, cookies, and a game of cards with Nana? Call over a couple of people, put the tea on to brew, and shuffle the deck. Chances are, others are missing that too...

Financial Well-Being: Coping With Debt After Death

During this highly stressful and overwhelming time, it is important to remember that financial well-being can be critical to your path to mental wellness. Having a plan in place is a good first step to coping with this difficult situation.

After a Diagnosis: How Life Insurance Can Help

Nobody expects a serious diagnosis – especially one that makes it impossible to work for a prolonged period. And we certainly don’t like to think about saying good-bye to our loved ones too soon. That's why it doesn't hurt to be prepared...

How to Cope With the Loss of a Loved One

Death and grieving. Not exactly a topic we like to chat about at the water cooler. As a society, we try hard to avoid it. Despite our best attempts, death is inevitable. And with it, comes grief.

How to Talk to Your Kids About Life Insurance

Life insurance might seem like a complex topic, but in simple terms, it's all about ensuring financial security for our families — especially for our kids. While talking to them about it might not be on the top of your to-do list, there are some real benefits to starting this conversation early...

A Grandparent’s Gift: For the Child Who ‘Has It All’

Kids these days. It can be impossible to know what to get them for Christmas or other celebrations when they seem to have, well, everything. And with the holidays just around the corner, many a grandparent may find themselves wondering what unique, lasting gift they can get for their grandchild...

Give Your Baby the Gift of Life…and Baby Life Insurance

While purchasing life insurance for a baby may seem a bit dark, we promise it’s quite the opposite. Keep reading to understand why it’s better to buy a whole life insurance policy for your little one sooner rather than later. (And why it means you're planning for them to live a nice, long life!)

Crowdfunding Like GoFundMe Is Not Life Insurance

While crowdsourcing platforms can most certainly act as a lifeline for some people, it’s no substitute for the security and peace of mind that comes with the right life insurance policy. Why? Because, simply put, a crowdfunding platform like GoFundMe is not life insurance.

Life Insurance for Couples in Canada

Couples share responsibilities for everything from household bills, to raising children, to planning for retirement. And of course, change is inevitable over the lifetime of a marriage or partnership, especially when jobs and income are more fluid than ever. That's where life insurance for couples comes in.

Protect the Love of Your Life With Life Insurance for Newlyweds

Yes, there are some less romantic parts about officially becoming a couple – and that includes joint banking, taxes, and planning for your financial future, which should include life insurance for couples.

Top Reasons to Consider Family Term Life Insurance

Families come in all shapes and sizes, and family life insurance is a great way to make sure everyone is protected. Whether you’re a single parent or one half of a partnership, you likely want the same thing as every other parent – security and protection for the ones you love.

4 min

Life Happens: Why Life Insurance for Single Moms is a Must

All parents benefit from having some kind of life insurance, especially when their children are young and financially dependent. Why? Because, in the event of a parent's death, it replaces the income that keeps their little ones fed, clothed, housed, and more.

3 min

Financial Security from the Start: Life Insurance for Newborns

There are many reasons why a parent or grandparent should take out some form of permanent life insurance coverage on a newborn, and we’ll cover them all in this article. But here’s one you probably haven’t heard before: You control the money.

How to Offset Capital Gains Tax on Real Estate in Canada

Changes to Canada’s capital gains tax rules may affect your children if you plan to pass down a second property, like the family cottage. The good news is, you can let life insurance pay for capital gains so your kids don’t have to...

Life Insurance as Income Replacement

Whether you've just accepted your first job or are years into building your career, it's important to consider what sort of lifestyle your salary affords, and who (other than you) relies on this steady source of income. Not sure where to start? Ask yourself this:

Protect Your Small Business, Your Family & Yourself

Imagine this. You recently founded an early-stage tech start-up with a trusted business partner you met in your MBA program. Your company offers an innovative technology and is doing well. In fact, you and your partner have begun to make a name for yourself in the industry.

Change in Income, Change in Life Insurance Needs?

The short answer, it depends. Here's the thing: No matter where you're at in your career, life insurance is a critical piece of your financial planning.

So… What’s Next? Shaping Your Career Path After Graduation

If you've recently graduated, it's normal to feel a bit nervous about what comes next. Want to make sure you're set for the future? Read on for some common paths to take after graduation.

Pregnancy and Infant Loss: No One Should Be Alone in Their Grief

Pregnancy or infant loss can result in feelings of grief, sadness, and even shame, making it a particularly hard time for parents – a time that is often faced alone... Warning: This article contains sensitive content about pregnancy and infant loss.

Does MAID Affect Life Insurance?

In 2016, the Government of Canada passed legislation that legalized Medical Assistance in Dying (MAID) for competent adults. This article is intended to help you understand how choosing MAID can affect your existing life insurance policy. Warning: This article contains sensitive content about death and medical assistance in dying.

Tips for Coping With Loss Over the Holidays

Grief around the holidays is a difficult burden to carry. Those in mourning may keep silent about their sadness as they go through familiar routines and traditions. But this time of year can be a reminder of the past, when a missing loved one was present to celebrate with us...

Gratitude, Living a Good Life, and Letting Go of Our Fear of Death

In this month of October, a time of reflection and thankfulness, let’s see if we can start living life in a different way. Instead of living in fear of death, let’s live because of it. Recognizing that time is not infinite allows us to ask ourselves the important questions...

Living Life to the Fullest After a Terminal Diagnosis

In one way a terminal diagnosis can represent an ending. But, in another way, it is a beginning – a final call to live your life in a different and meaningful way. A mental health expert shares some ways to do this from her own personal and professional experience.

9 Things You Need to Know About Travel Insurance Before Your Next Trip

While nobody plans to get sick or hurt while travelling, it’s still a good idea to plan ahead… just in case. Because similar to life insurance, travel insurance is designed to protect you from going into debt should the unexpected occur.

Serenia Life’s Bereavement Counselling Benefit

While we often highlight the financial benefits of purchasing life insurance, it’s important to consider how the right plan can help family members on an emotional level too. Introducing Serenia Life's Bereavement Counselling Benefit...

2 min

Coping With Loss: Honouring a Loved One After They’re Gone

Miss having tea, cookies, and a game of cards with Nana? Call over a couple of people, put the tea on to brew, and shuffle the deck. Chances are, others are missing that too...

Financial Well-Being: Coping With Debt After Death

During this highly stressful and overwhelming time, it is important to remember that financial well-being can be critical to your path to mental wellness. Having a plan in place is a good first step to coping with this difficult situation.

After a Diagnosis: How Life Insurance Can Help

Nobody expects a serious diagnosis – especially one that makes it impossible to work for a prolonged period. And we certainly don’t like to think about saying good-bye to our loved ones too soon. That's why it doesn't hurt to be prepared...

For the Season of Giving, Support One of Canada’s Top-Rated Charities

This might just be your last chance to do good before the New Year. So if you’re ready to put your giving cap on, we’ve made it easy: Read this article, find a cause that speaks to you, and use the seed money from your Action Team benefit (value: $250) to raise funds for those in need.

9 Outdoor Fundraising Ideas: Do Good While the Weather’s Good

Now that good weather is here, why not use this opportunity to do some good in the ‘hood? Here are nine outdoor fundraising ideas to get you started.

3 min

Our 2022 Scholarship Winners Are Smart. Kind. Human. (part 3)

When it comes to the amazing students who received our $1,000 post-secondary scholarship benefit, it's no surprise that they're smart and kind. Our third group of winners demonstrated that they also have the human touch. Get to know them...

Our 2022 Scholarship Winners Are Smart. Kind. Human. (part 2)

When it comes to the amazing students who received our $1,000 post-secondary scholarship benefit, it's no surprise that they're smart and kind. Our second group of winners demonstrated they are ALL heart. Get to know them...

Our 2022 Scholarship Winners Are Smart. Kind. Human. (part 1)

When it comes to the amazing students who received our $1,000 post-secondary scholarship benefit, it's no surprise that they're kind AND smart. Get to know our first group of winners who demonstrated they most certainly have a good head on their shoulders....

Member Story: Christmas with Chrisna

Thanks to the efforts of Joanne and her Action Team, each refugee received a stocking filled with Christmas treats and sweets, as well as a gift bag filled with hats, socks, toothpaste, toothbrushes, and more.

9 Ways to Give More & Spend Less This Holiday Season

”It's better to give than to receive.” Sure, our parents used to tell us this when we were small – but at that age and at this time of year, many of us remained unconvinced.

12 Days of Kindness

With the season of giving just around the corner, Serenia Life is taking part in a Kindness Challenge to spread some holiday cheer. Want to join us?

Bet You Didn’t Know THIS Was Counted Towards Your Community Hours

Why volunteer – other than the fact that you need to complete mandatory community service hours in high school? Because giving to others is the gift that gives back.

6 Volunteer Opportunities That Are Away From Home

If you've been itching to travel – with purpose – you're in for a treat. We found some ways you can help communities throughout the world via registered Canadian charities.

A Grandparent’s Gift: For the Child Who ‘Has It All’

Kids these days. It can be impossible to know what to get them for Christmas or other celebrations when they seem to have, well, everything. And with the holidays just around the corner, many a grandparent may find themselves wondering what unique, lasting gift they can get for their grandchild...

Is Life Insurance Taxed in Canada?

In Canada, sometimes it can feel like almost everything is taxed — our income, our purchases, and even our savings. With so many things falling under the tax umbrella, it’s natural to wonder about life insurance. You might be asking yourself, 'Does the government take a cut from that too?'

Back-to-School Savings: 9 Tips & Tricks

If you’re a parent aiming to spend less this school year, you can turn a potentially stressful experience into a positive one… with a little bit of creativity and some planning. Read on for 9 back-to-school saving tips.

Term Life Insurance Costs: Key Factors and How to Save

When it comes to term life insurance costs, there’s a lot to think about. Not to worry, we're here to help! Whether you’re working with a broker or exploring options independently, we can help you ask the right questions, compare the value of policies, and tailor coverage to meet your needs.

4 min

A Holistic Financial Plan Includes Whole Life Insurance for Kids

It’s not cheap to raise kids, so it’s important to make sure every dollar you invest in their future works as hard as it can. Helping them prepare for whatever comes next is an ongoing process that shouldn’t rely on one solution. Rather, a combination of savings and investment options, anchored by whole life insurance for kids, has the potential to check all the boxes.

4 min

Is Infinite Banking in Canada Only for the 1%?

Infinite banking the idea that you can use your whole life insurance policy as you would a savings account at your bank. That’s because a whole life policy comes with an investment component where you can earn interest – and let that money you earned sit and grow. It can also be a spot you dip into when you need some extra cash. But is it only for the wealthy?

The Best Way to Give Money to Grandchildren? This Is It.

Kids these days. It can be impossible to know what to get them for birthdays or other celebrations when they seem to have, well, everything. In today’s world, it’s not surprising that many grandparents opt for cash gifts. But the best way for grandparents to give money to their grandchildren in Canada may not be giving them money to spend right away.

10 Ways to Protect Yourself Against Fraud

Scams are becoming 'smarter' thanks to new technologies like AI. With that in mind, Canadians need to be more alert than ever when it comes to who they share their personal data and financial information with.

How to Withdraw Money from Your Life Insurance Policy

If the idea of withdrawing money from your life insurance policy while you’re still alive sounds strange to you, you’re not alone. But the reality is, whole life insurance can act like a savings or investment tool, or even an emergency fund.

The Compound Effect: Grow Your Money with Whole Life Insurance

If you are covered under participating whole life insurance, or if you’ve ever done any research about the financial benefits of this type of policy, you would have likely come across the term “dividend” a few times. And, like many Canadians, you may have found yourself scratching your head at this term...

Should I Get Life Insurance in My 30s?

The short answer is yes. And yet, according to a 2023 study, only 48% of millennials have life insurance. If you’re one of the 52% that isn’t insured and have been asking yourself, “should I get life insurance in my 30s?”, we’re here to tell you why you should – and sooner rather than later.

Why Do You Need Life Insurance?

True or false: Life insurance is about financially benefitting from somebody’s death. If your gut reaction is to say “true,” you’re not alone. Life insurance is probably one of the most misunderstood products out there. But for the record, the answer is a great big resounding FALSE.

Life Insurance for Couples in Canada

Couples share responsibilities for everything from household bills, to raising children, to planning for retirement. And of course, change is inevitable over the lifetime of a marriage or partnership, especially when jobs and income are more fluid than ever. That's where life insurance for couples comes in.

Do I Need Funeral Insurance in Canada?

Life insurance is an important tool when it comes to providing financial protection for your loved ones in the event of your death – meaning they may not have to worry about unpaid debts, a gigantic mortgage, or the responsibility of paying for your funeral...

Term Life Insurance Costs: Key Factors and How to Save

When it comes to term life insurance costs, there’s a lot to think about. Not to worry, we're here to help! Whether you’re working with a broker or exploring options independently, we can help you ask the right questions, compare the value of policies, and tailor coverage to meet your needs.

4 min

Top Reasons to Consider Family Term Life Insurance

Families come in all shapes and sizes, and family life insurance is a great way to make sure everyone is protected. Whether you’re a single parent or one half of a partnership, you likely want the same thing as every other parent – security and protection for the ones you love.

4 min

Review Your Life Insurance for National Insurance Awareness Day

It may not occur to many Canadians that marriage, babies, a new job, or a new house could all impact their life insurance needs. Days like National Insurance Awareness Day force us to stop and think about these types of things... which makes it a good time to reach out to an advisor to ensure our coverage still meets our needs.

Living Benefits: How to Use Life Insurance While Alive (Canada)

Discover practical ways to use life insurance – yes – while alive here in Canada. Plus, how living insurance benefits can protect you when you need it most...

How to Offset Capital Gains Tax on Real Estate in Canada

Changes to Canada’s capital gains tax rules may affect your children if you plan to pass down a second property, like the family cottage. The good news is, you can let life insurance pay for capital gains so your kids don’t have to...

Life Insurance After a Divorce

Life insurance is something the courts need to consider when they are determining how to split joint assets when a couple divorces. In this article, we help you understand how divorce can impact both your life insurance choices and beneficiaries. Plus, how to calculate your insurance needs after a divorce...

Borrowing Against Life Insurance for Your Down Payment

If your parents bought you a whole life insurance policy when you were a child, you may be unknowingly sitting on a goldmine. Over the years, your policy has been quietly building value, and now that you're thinking about buying a home, you might be wondering if you can tap into that growth to help with your down payment...

Mortgage Life Insurance vs. Term Life Insurance

Many homeowners find that term life insurance can provide the same level of confidence as mortgage life insurance, while also offering a host of long-term financial benefits that can’t be achieved with mortgage insurance alone.

Do You Really Want to Sell the House?

The way we see it, there are three main things to consider if selling your home is your “Plan B” in the event of an unexpected loss: the stress associated with a move, how it might impact your children's mental health, and the cost of home prices these days...

When It Comes to Mortgage Protection, 30 Year Term Life Insurance Is the Way to Go

These days, it’s becoming more and more common to take on a mortgage of 30 years (or more). So with three decades of debt to pay down, what does that mean if a homeowner were to pass away unexpectedly?

Life Insurance: Protecting Your Home & the People in It

A lot of people buy life insurance for all the right reasons, tuck the policy in a file, and never think about it again. But if you're buying or selling a home, it's essential that you review the details with your Serenia Life Financial advisor to see whether your policy is keeping up with your changing needs.

Top Up Your Down Payment with Life Insurance

Renting a place while trying to save for your first home is incredibly difficult in today's world of soaring rent and home prices. So what's a renter to do?

Forget Mortgage Insurance – Protect Your Everything With Life Insurance

If you or your spouse were to die unexpectedly, could either of you afford your mortgage on a single income?

How Much is Term Life Insurance in Ontario?

The cost of life insurance is based partly on how your provider determines your level of risk and partly on what you’re trying to achieve financially. This is where the guidance of an insurance advisor licensed in Ontario can be invaluable...

5 mins

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Taking Steps to Get Back to Self: Walk, Run, or Bike for a Cause

The Forgotten Mourners: How to Support a Grieving Child

Green Funerals: Eco-Friendly End-of-Life Planning

Tips for Coping With Loss Over the Holidays

Gratitude, Living a Good Life, and Letting Go of Our Fear of Death

Living Life to the Fullest After a Terminal Diagnosis

Coping With Loss: Honouring a Loved One After They’re Gone

Financial Well-Being: Coping With Debt After Death

After a Diagnosis: How Life Insurance Can Help

How to Cope With the Loss of a Loved One

How to Talk to Your Kids About Life Insurance

A Grandparent’s Gift: For the Child Who ‘Has It All’

Give Your Baby the Gift of Life…and Baby Life Insurance

Crowdfunding Like GoFundMe Is Not Life Insurance

Life Insurance for Couples in Canada

Protect the Love of Your Life With Life Insurance for Newlyweds

Top Reasons to Consider Family Term Life Insurance

Life Happens: Why Life Insurance for Single Moms is a Must

Financial Security from the Start: Life Insurance for Newborns

How to Offset Capital Gains Tax on Real Estate in Canada

Life Insurance as Income Replacement

Protect Your Small Business, Your Family & Yourself

Change in Income, Change in Life Insurance Needs?

So… What’s Next? Shaping Your Career Path After Graduation

Pregnancy and Infant Loss: No One Should Be Alone in Their Grief

Does MAID Affect Life Insurance?

Tips for Coping With Loss Over the Holidays

Gratitude, Living a Good Life, and Letting Go of Our Fear of Death

Living Life to the Fullest After a Terminal Diagnosis

9 Things You Need to Know About Travel Insurance Before Your Next Trip

Serenia Life’s Bereavement Counselling Benefit

Coping With Loss: Honouring a Loved One After They’re Gone

Financial Well-Being: Coping With Debt After Death

After a Diagnosis: How Life Insurance Can Help

For the Season of Giving, Support One of Canada’s Top-Rated Charities

9 Outdoor Fundraising Ideas: Do Good While the Weather’s Good

Our 2022 Scholarship Winners Are Smart. Kind. Human. (part 3)

Our 2022 Scholarship Winners Are Smart. Kind. Human. (part 2)

Our 2022 Scholarship Winners Are Smart. Kind. Human. (part 1)

Member Story: Christmas with Chrisna

9 Ways to Give More & Spend Less This Holiday Season

12 Days of Kindness

Bet You Didn’t Know THIS Was Counted Towards Your Community Hours

6 Volunteer Opportunities That Are Away From Home

A Grandparent’s Gift: For the Child Who ‘Has It All’

Is Life Insurance Taxed in Canada?

Back-to-School Savings: 9 Tips & Tricks

Term Life Insurance Costs: Key Factors and How to Save

A Holistic Financial Plan Includes Whole Life Insurance for Kids

Is Infinite Banking in Canada Only for the 1%?

The Best Way to Give Money to Grandchildren? This Is It.

10 Ways to Protect Yourself Against Fraud

How to Withdraw Money from Your Life Insurance Policy

The Compound Effect: Grow Your Money with Whole Life Insurance

Should I Get Life Insurance in My 30s?

Why Do You Need Life Insurance?

Life Insurance for Couples in Canada

Do I Need Funeral Insurance in Canada?

Term Life Insurance Costs: Key Factors and How to Save

Top Reasons to Consider Family Term Life Insurance