Tagged: Death Benefit

Can life insurance be an asset 0

Is Life Insurance An Asset?

For Canadians there are multiple benefits of including life insurance as an asset class to compliment your existing investments. Providing an attractive return on investment is one, but it must be structured properly. Tax Free Death Benefit Life insurance payouts to named beneficiaries bypass probate and are private, but depending on the type of policy, with the latest tax changes...

Adding a Contingent Beneficiary 0

Don't Forget to Add a Contingent Beneficiary

Don't Forget to Add a Contingent Beneficiary There are many different types of life insurance. When you look up quotes online, you'll find out about all the different kinds of coverage that are available to policyholders. For example, if you purchase a term policy, you'll only be covered for the number of years you agree to when you first buy...

Life Insurance Tips 0

Life Insurance Tips in Canada: 6 Good Things To Know

You know the importance of life insurance and want to make sure that your loved ones are taken care of when you die. But do some research so you'll be sure to get the best possible coverage at the right price. Here are some helpful tips: Use a broker when shopping for life insurance Never buy more coverage than you...

Life Insurance Terms and conditions 0

Why You Need Affordable Term Life Insurance Quote

So, why do you need affordable life insurance? What often comes to mind when thinking about life insurance is that you can use it to pay final expenses. You’ve seen the commercials: Funeral expenses, burial costs and medical bills can add up to a hefty amount. The last thing you want is for your loved ones to shoulder this extra burden....

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