Life Insurance Canada News

Why there is a need in long-term care insurance After age 65 there is a 74% chance of needing long-term care in the future. It’s not just seniors worrying about this; more than 40 per cent of Canadians worry about how to provide, and afford, care for their parents as they age. Seniors are worried...

Today we are looking in depth at the products of RBC insurance and discussing them with Thomas Juha, Senior Sales Consultant, Life & Living Benefits; Chris Kalman, Inside Sales Consultant, Life & Living Benefits; and Alfred Moreno, Sales Support Representative, Life & Living Benefits. They share their perspective on the following RBC insurance products: RBC...

Today we are discussing Assumption Life’s Final Expense Solution with two Assumption Life experts: Cameron Walker (Senior Product Manager, Individual Insurance) and Daniel Audet (Associate Vice-President, Individual Insurance and Investments). Here are their answers about the product: How has the final expense marketplace changed in Canada in recent years? More than 5 million Canadians will...

Those without access to traditionally underwritten insurance products can apply for guaranteed issue life insurance. It is specifically designed for high-risk individuals. To help answer the many questions regarding guaranteed issue insurance, and why it is priced higher than other products, we’ve asked several professionals to weigh in. We specifically asked them: What hidden traps...

Guaranteed life insurance is a purpose-built product to help insure those without access to traditional underwriting. As this product is designed to insure high-risk individuals, there are a lot of questions regarding who it is best for and why the premiums are higher than other products. Today we ask several professionals: When is it best...

Specialty Life Insurance: Background Specialty Life Insurance (SLi) is a very unique life insurance company that is completely focused on one demographic – those that have trouble getting traditionally underwritten coverage. To help everyone get the coverage they need, SLi specializes in No Medical life insurance. Evolution is a new product created by SLi. Evolution...