Permanent Insurance:

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Whole Life Insurance for Seniors

Whole life insurance comes in two types of plan varieties. Firstly, there is participating Whole Life Insurance, which offers guaranteed premiums, lifetime protections, and both a guaranteed and non-guaranteed cash value. The non-guaranteed cash value comes in the form of a dividend and is related to the insurance company's profitability as well as long-term interest rates. Non-participating whole life insurance policies offer fixed premiums, lifetime protection, and guaranteed ...
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RBC Insurance’s Universal Life Built-in Disability Benefit

RBC Insurance offers a competitively priced universal life plan with level or increasing cost of insurance. The plan also offers a ten-year GIO option with a current interest rate of 3.5 per cent (as of March 2012). When it comes to their built-in disability benefit, here's how it works: the benefit is embedded in the base Universal Life plan. Individuals whose policies are rated at 250 per cent or higher will not receive this benefit. Policy ratings are given to individuals with ...
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Life Insurance for Chiropractors

According to the Canadian Chiropractic Association, there are 7,000 licensed chiropractors working in Canada making an average wage of $26.48 an hour. Life insurance is offered through the Canadian Chiropractic Association, but an individual plan may offer more specific options that more readily match your family's situation. Life insurance can be broken down into two categories, Term Insurance and Permanent Insurance. Term Insurance starts off lower in cost and increases as the insured ...
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Eight Reasons To Choose Industrial Alliance

Industrial Alliance advantage: Child Life and Health Industrial Alliance has several unique products and features within its life and living benefit insurance lineup. The following are eight key benefits that help separate Industrial Alliance from its competitors: 1. Their Joint last-to-die policies offer an option in which the surviving insured can cash out the accumulation fund tax-free on the death of his or her first spouse. 2. Their Universal Life policy, with a yearly ...
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Life Insurance for Veterinarians

While vets protect the animals, who is protecting them? Veterinarian is the dream career for any animal lover, and according to the Canadian Government, 101,972 people across the nation are living that dream. They are working for an average salary of $27.42 per hour, but living their dream nonetheless. However, it's not just animals that need protecting, but humans too — especially when a family loses a major breadwinner. Sure, vets may belong to a group plan and think they have ...
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Empire Life Increases Rates on Whole Life and Universal Life Level Cost Policies

Empire Life is increasing the rates on their Term 100 policy (with values) and their popular Non-participating 20-Pay Whole Life Plan. They will also be increasing rates on their Universal Life level cost policies, all effective Feb 21st, 2012. Meanwhile, the rates on their Term 10 and Term 20 life policies remain intact. Both of these policies have the unique feature of being renewable to age 100. This is Empire Life’s second round of increases. The first came on February 14th, ...
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Life Insurance for Firefighters

Firefighters have many insurance options According to the Canadian Government, firefighters number 110,694 across Canada. To put that in perspective, that's 110,694 firefighters all putting their lives on the line every day to keep us safe, but who will keep their families safe when they are gone? Of course, they probably get group benefits through their union, but an individualized plan can be customized to better suit their needs and most likely give them more coverage than they ...
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Five Reasons to Buy Permanent Life Insurance

Life insurance policies can be divided into two broad categories: Term Insurance, where the premiums increase as the insurance gets older, and Permanent Insurance, where the premiums remain level for life. Five of the primary reasons why someone would want permanent life insurance are the following: 1. They value having a level premium and lifetime protection. Applicants who value cost certainty and who want to guarantee that their beneficiaries receive their life insurance ...
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Faith Life Financial – Two Participating Whole Life Solutions

Faith Life Financial offers the following two participating whole life policies: 1. The Whole Life Life Pay plan 2. The Whole Life Life Pay paid-up at 65 Whole life insurance, payable for life, is available to non-smoking applicants age 18 to 75 and smokers up to age 75. (in an odd twist, children 18 and under are issued smoker rates, but can switch to non-smoker rates at age 18.) Death benefits can be as low as $10,000, and payments can be made on a monthly or annual basis. The ...
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Life Insurance for Police Officers

According to the Canadian Government, Police officers number 110,694 across Canada. To put that in perspective, that's 110,694 police all putting their lives on the line every day to keep us safe, but what will keep their families safe when they are gone? Of course, they probably get group benefits through their union, but an individualized plan can be customized to better suit their needs and most likely give them more coverage than they would get for the same ailment from their group ...
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