How Would a Disability Change Your Life? Why Income Protection for a Disability Should Be a Priority for Every Working Canadian Could you retire tomorrow? If not, you’re likely relying on your regular paycheque to maintain your lifestyle. Mortgage or rent, groceries, utilities, car payments, investments, vacations, kids’ expenses, and daily comforts—your income supports [...]
Life Insurance Isn’t a Loophole. It’s a Smarter Way to Pay the Taxman When you die, who would you prefer your money to go to? The CRA Your family A charity you care about For many Canadian business owners, the tax bill at death is the single largest expense their estate will ever face. [...]
10 Benefits of Life Insurance That Every Canadian Should Know Understanding the Top Reasons to Get Life Insurance in Canada If you’ve ever wondered whether purchasing life insurance is worth it, you’re not alone. While many Canadians put off the decision to purchase life insurance, thinking it's something to deal with later, the truth [...]
How Do Life Insurance Payouts Work? Understanding Life Insurance Payouts and Death Benefits When someone takes out a life insurance policy, it’s more than a contract—it’s a promise. A promise that, upon death, there will be a financial safety net waiting for loved ones. But how does a life insurance payout work? Let’s break [...]
Life Insurance for Nurses: What Type of Life Insurance Is Best? Choosing the Right Life Insurance for Nurses in Ontario Nursing is a demanding career, and as a nurse, you carry the responsibility of caring for others—often under stressful conditions. That commitment makes having the right life insurance especially meaningful. Whether you're just starting [...]
How Life Insurance in Canada Has Changed Over the Last 50 Years From Paper Policies to Digital Simplicity: A Look at 50 Years of Life Insurance Evolution in Canada Fifty years ago, buying life insurance in Canada was a slow, paper-heavy process that often involved a firm handshake, a stack of forms, and a [...]
Comparison of Health Spending Account vs Traditional Group Benefits Choosing Between a Health Spending Account and Traditional Group Benefits When it comes to employee benefits, business owners and HR professionals often wrestle with what’s better for their team: a health spending account or traditional group benefits. Both can be valuable tools—but their structure, flexibility, [...]
The Impact of Technology on Life Insurance in Canada How Digital Innovations (and AI) Are Transforming the Life Insurance Landscape The life insurance industry in Canada is undergoing a digital transformation, leveraging technology to enhance customer experience and streamline operations. From online applications to AI-driven underwriting, these advancements are making life insurance more accessible [...]
Addressing the Life Insurance Coverage Gap in Canada Understanding and Closing the Life Insurance Gap Among Canadians Despite the growing awareness of life insurance's importance, a significant number of Canadians remain underinsured. Studies indicate that approximately 31% of Canadian adults acknowledge having a life insurance coverage gap, leaving their families vulnerable in the event [...]
The Rise of Whole Life Insurance in Canada Why Whole Life Insurance Is Gaining Popularity Among Canadians When considering long-term financial planning, many Canadians are turning to whole life insurance as a stable and reliable option. Unlike term policies, whole life insurance offers lifetime coverage and a guaranteed cash value component, making it an [...]
