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. [...]
Why Corporately Owned Life Insurance Should Name the Corporation as Beneficiary Corporate-owned life insurance is a vital tool for business owners, providing liquidity for debt repayment, funding buy-sell agreements, and supporting estate planning objectives. However, a key decision (who to name as beneficiary) can have significant tax and legal consequences. The general guideline is [...]
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 [...]
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, [...]
Who Should Get a Life Insurance Policy? Understanding When and Why a Life Insurance Policy Makes Sense Most of us don’t wake up thinking about life insurance. It’s one of those topics that tends to sit on the back burner until something—or someone—makes us stop and consider it. But if you’ve ever asked yourself, [...]
The Top 10 Reasons Every Canadian Should Have Life Insurance Why Life Insurance in Canada Is About More Than Just the Death Benefit When it comes to financial planning, life insurance isn’t always top of mind—but it should be. Whether you’re just starting a family, building a business, or preparing for retirement, the right [...]
The Chronically Under-Insured: Canadian Life Insurance Coverage Gaps Why Millions of Canadians Are Still Missing the Mark on Life Insurance Protection Despite living in one of the most developed and financially secure countries in the world, many Canadians are still falling short when it comes to protecting their families with proper life insurance coverage. [...]
