Do you have a life insurance policy provided by your employer? It can be a great perk and is becoming increasingly common in the Canadian workplace, but don’t assume it will provide you with the right level of coverage. Employer-provided policies are often one-size-fits-all, so always check the fine print. An employer-provided life insurance policy…
The current global economic situation has many Canadians wondering where they can reduce expenditure and future-proof their family’s financial well-being. Safeguarding your family’s future through life insurance is such an important step. We’re going to show you how to calculate how much coverage you need so you know you are paying the right amount. Most…
Can you have multiple life insurance policies in Canada? If you can, why would you want to? And in what circumstances? As with most policy questions, the specifics will come down to your circumstances, but we’re here to help you with the broad strokes. To give you an answer in a nutshell, yes, you can…
Life insurance is one of the best and most accessible tools available to secure your family’s future. While it is easy to class it as “just another financial commitment,” when it’s needed, it is priceless. Life insurance provides more than just an injection of funds for your family; It provides support and eases their stress…
Our homes are the most significant purchases we make in our lifetime and a place to make countless memories. They are, without a doubt, one of the material things we wish to protect the most. Protecting your home for your loved ones can be done in two different ways, but there are financial implications to…
Death is an unfortunate yet inevitable part of life. We try to protect our loved ones as best we can once we’re gone; usually, that involves a robust life insurance policy. If you have an existing policy or are in the process of acquiring one, you may be worried about whether your policy will pay…
If you have retired, you may wonder if you still need life insurance after 65. Life insurance can have many benefits and provide financial security at any age, but you need to make your coverage work for you in this new stage of life. It’s easy to see the benefits of life insurance when you…
Think back to your younger years; you will find a memory of being told that certain things are just the sensible “adult” thing to do. We should get a mortgage, settle down, have kids, save for retirement, and get a life insurance policy… but what does life insurance cover? It’s far more flexible than you…
Are you looking to get your first life insurance policy? Or maybe you have coverage but are re-evaluating your options? Let’s look at no medical life insurance and how it differs from traditional coverage options. Life insurance is a sensible move at any age but with so many product types available, how do you know…
Seven Reasons for Young People to Choose Life Insurance Many young people think that life insurance is a matter for older people, married couples, or parents with children. After all, young people graduating from school or university and moving off to their first jobs already may be dealing with the financial pressures of paying the…