Tagged: Universal Life

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 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...

advantages of whole life insurance 0

What are the Advantages of Whole Life Insurance

To begin with, you need to understand that life insurance falls into two very broad categories: Whole Life Insurance and term. The basic difference between them is this: A term policy is life coverage only. In a whole life policy, as long as you continue to pay the premiums, the policy does not expire for a...

How does life insurance in Canada work? 0

Life Insurance in Canada: How Does It Work?

Now I bet your wondering how exactly does life insurance in Canada work and how does it provide financial security, this article will hopefully shed light on the subject. Most people who want financial security when it comes to their future invest in a life insurance policy. A life insurance policy is a contract made between the...

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...

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How Life Insurance Can Reduce Taxes

Smart people pay closer attention to tax minimization strategies than other people do. The fewer taxes you have to pay, the more of your money you can keep. If you are in the higher income-tax brackets, taxes are one of your biggest expenses. When you have used up the traditional tax-minimization strategies, such as investing in RRSPs...

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Universal Life Insurance in Ontario - A Smart way to insure your life.

The world is full of unforeseen incidents and one must be well equipped for a mishap in daily life. Some people have an opinion that life insurance coverage does not have much importance in life since they are earning well and things are on better side. But sometimes a fraction of a second is enough to...

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