Tagged: Term

Confused about what kind of life insurance to get? 0

What is the best type of Life Insurance?

When it comes to life insurance we have two primary types of policy to choose from – term life insurance or permanent life insurance. Many Canadians find it hard to come to a decision about which type of policy to take out but the decision you have to make really isn’t that complex and both will...

Life Insurance Terms and conditions 0

The Most Common Life Insurance Terms and Calculations

If you decide to get life insurance, you will need to understand the most common life insurance terms and calculations. Certain events can lead to the voiding of the contract and insurance policy can be proclaimed null and void if the insured person commits suicide within the certain time period – one or two years after...

Why is it important to have life insurance? 0

Why is it important to have life insurance?

There are a lot of people that don't understand the importance of having life insurance. Even though you may believe that the terms of life insurance are not good for you and you tend to put off dealing with this, it is important to know that the market has lead to numerous changes and you can...

Life Insurance rate increases 0

Rates are going up September 23rd!

If you are thinking about getting life insurance you should know that Manulife announced a major rates increase (of up to 50% on certain policies) for permanent level cost (universal) life insurance effective Sept 23rd, just weeks from now.  Other carriers will surely follow. Considering the tax law changes now under review by the government, permanent life...

Buying Life Insurance 0

Buying Affordable Life Insurance in Ottawa!

So, you’ve decided to purchase life insurance. Well then, you have made a good decision! If you have dependents, you know that you must provide for them long after you are gone. Buying life insurance shouldn’t be a budget buster either. Take a look at the following options which can help you save big time! Shop...

Term Life Insurance – Is The Cheapest Coverage The Best For You? 0

Term Life Insurance – Is The Cheapest Coverage The Best For You?

Many internet searches reveal that you can get free term life insurance quotes and premiums that are up to 70% off. With so many options available, is it always in your best interest to get the cheapest life insurance coverage? And what does "up to 70% off your life insurance" really mean? Cost effective term life...

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...

I Don't Have A Family, Should I Have Life Insurance? 0

I Don't Have A Family, Should I Have Life Insurance?

I Don't Have A Family, Should I Have Life Insurance? There are some individuals that don't have any family. Because of this, there is a grueling question on their minds as to whether or not they should invest in life insurance such as a term life policy for themselves. They don't know who to make as...

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