Disability Insurance Facts

10 Facts You Need To Know About Disability Coverage

Imagine not being able to work and earn a living for your family. It’s not something most people want to think about on a daily basis. Protecting your livelihood with adequate disability insurance can mean the difference between maintaining your standard of life or being forced to make drastic cuts in household spending after being...
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10 Tips For No Medical Insurance Shoppers (Infographic)

Have you been told by an insurance advisor that you are ineligible for life insurance? Fear not, you may have some options. Not all advisors distribute no medical life insurance or they may overlook this type of policy when advising their high-risk clients. No medical policies cover your life like a traditional life insurance policy,...
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How Much Commission Does Your Agent Get Paid?

Life insurance commissions have been a recent hot topic in the Canadian personal finance community. Certain types of policies pay more first year commission (FYC) than others and this creates the potential for some unscrupulous advisors to give bad advice to their unassuming clients. Consumers have the right to know how their agent is compensated...
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INFOGRAPHIC: How Much Does a Funeral Cost in Canada?

As explained in our infographic below, there many costs associated with a funeral in Canada including transportation and flowers to name a few. Young or old, you can still fund a funeral by using your life insurance to cover the costs:
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INFOGRAPHIC: Top 5 Reasons To Buy Life Insurance

Check out the infographic below for our Top 5 Reasons To Buy Life Insurance. We explain the need to protect yourself from unpredictable future financial losses and health issues that can affect your insurability. Getting life insurance locked in at low rates and reviewing policies at least once a year to keep coverage up to...
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Disability Insurance Definition Demystified thumbnail

INFOGRAPHIC: Disability Insurance Demystified

As explained in our infographic below, there are some important definitions and points in a disability insurance policy that would confuse an applicant because of the fine print involved, or in a worse-case scenerio, prevent them from paying you a cent because you didn’t understand the insurance contract.
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diseases covered by critical illness insurance

INFOGRAPHIC: Diseases Covered By Critical Illness Insurance Policies

Many Canadians are unaware of how Critical Illness (CI) Insurance should fit into their financial plan. Hopefully our latest infographic helps shed some light on the diseases that are typically covered under a CI policy:
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Should You Invest In An Insured Annuity or a GIC?

Insured annuities and GICs are great ways to ensure your income in your retired years. For those that don’t know an insured annuity is practically both a prescribed life annuity combined with a term life insurance policy. The life annuity provides a guaranteed income stream. On the other hand, the term life insurance policy provides...
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The Types of Permanent Life Insurance

There are two major types of life insurance that you could own. The first is term life insurance which is a product that will cover you for as long as the term is. An example of term life insurance is Term 20 which will cover you for 20 years after which your premium rate would...
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Which Savings Plan Is Right For You? TFSAs vs RRSPs

There are several different options when it comes to creating a savings plan. Two popular choices include both a registered retirement savings plan and a tax-free savings account. In this infographic we break down whether if a RRSP or TFSA is the right savings account for you.  
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