For many Canadians, especially those with young families, term life insurance is most often the product of choice for protecting one’s family. The major reason for this is that it is the lowest entry-level cost to purchase life insurance.
Critical Illness insurance was invented by Dr. Marius Barnard. Marius assisted his brother Dr. Christiaan Barnard in performing the first successful heart transplant in 1967 in South Africa.
Naming a beneficiary is a valuable feature of life insurance and segregated funds policies so it is important to carefully choose your beneficiaries. Many people choose to name their “estate” as their beneficiary.
Who can skip buying life insurance, and who should probably consider having it.
Three reasons why business owners should consider life insurance.
Life insurance is an agreement between an insurance company and a policy owner that guarantees the insurer pays a previously agreed-upon amount of money in the event of the insured’s death.
Life Insurance as an Asset Class Life insurance can be an alternative asset for individuals looking for a product with a reasonable return and low
Life insurance is an important tool that helps you protect your loved ones from financial distress if you die. There are also advantages to life insurance beyond the death benefit.
It might feel morbid to talk through your legacy plan, but it’s worth having that protection in place if the worst happens. Here are four types of people who are best suited for it.
Without a doubt, life insurance is valuable protection provided by your employee benefit plan, but should it be the only life insurance coverage you have? Probably not, if you want to ensure you have long term protection sufficient to cover all your family’s financial needs should you die unexpectedly.
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