Term Insurance

Explained by an Expert: What is a cash surrender value?

 I’m going to talk a little bit now about cash surrender value and how it works in terms of a life insurance policy. Generally, cash surrender values apply to permanent policies, and permanent policies can be whole life coverage, can be Term-100, or can be universal life. Most Term-100 policies don’t have a cash...
Read more
how-life-insurance-works-canada

All You Need to Know About Life Insurance

I’m going to talk a little bit today about how life insurance works. It can be a bit of a basic question, but at the same time, there is a lot to look at with a life insurance policy, like the type of plan: there is term insurance, which starts off lower in cost and...
Read more

Canada Protection Plan Increases Coverage Levels

Good news for people facing difficult roadblocks when trying to buy life insurance. Canada Protection Plan, the leading No Medical and Simplified Issue insurance provider in the country, now guarantees that no applicants will be turned away when they attempt to obtain protection for their loved ones. “Whether you have health issues, are in good...
Read more

Life Insurance and High Net-Worth Individuals

High net-worth individuals want a single advisor. High net-worth individuals are a key demographic when it comes to life insurance. However, with their complicated financial investments and riskier lifestyle, their life insurance needs can be very complex. The Investment Executive published an article in its August 2013 issue on what high net-worth individuals want. The...
Read more
accidental death insurance

Life Insurance with Accidental Death: Is it a Good Deal?

There is a new version of this article (summer/fall 2018) about Accidental Death and Dismemberment Insurance that explains in detail this insurance. It also compares costs of Accidental Death Insurance to other insurance types. Canadians are constantly bombarded with life insurance offers. Although having adequate coverage is important, many of these offers are for specialized...
Read more

Term Insurance To Age 80: Making Life Insurance Simpler

If you have a family, or loved ones that you want to protect in the event of your death, you have probably considered life insurance. There are a myriad of options available including permanent life insurance and term life insurance. Term life insurance is simple and easy to understand and generally have predictable and very...
Read more

6 Insurance Policies Self-Employed Professionals Should Consider

Being self-employed has its perks. You have a flexible schedule, control your own income potential and make decisions based on your own self-interests. But, when it comes to being insured, that’s where being self-employed can be a little tricky.
Read more

Top 5 Term Life Insurance Mistakes People Make

Sometimes it’s easy to make the following mistakes when you make a term life insurance purchase, or it could be that you didn’t do it right. Most clients are unfamiliar with life insurance and usually require the assistance of an agent to aid them in the process. In our previous article, Independent Agent vs. Captive Agent,...
Read more

Canadians Aren’t Confident They Have Enough Life Insurance

Most Canadians don’t really understand life insurance. It’s no secret that the majority of Canadians don’t really understand life insurance. And now there’s a survey to confirm that trend. BMO Insurance released a poll in mid-july 2014, showing that 88% of Canadians are not very familiar with the different types of life insurance. In addition, while 74%...
Read more

Are Homeowners Properly Insuring Their Increasing Debt Loads?

These days, it seems like debt is the norm. Instead of it being the “elephant in the room,” it’s all everyone talks about ─ the bragging rights one obtains from taking out a loan to buy a luxury car, or funding a vacation trip entirely on credit. According to a survey by Manulife Bank of...
Read more