What Happens When Term Life Insurance Ends? Term life insurance is temporary life insurance that lasts for a specific period of time. Most common are term lengths of 10 or 20 years, but depending on the insurance company, terms of anywhere from one to 40 years may...
Term Life Insurance Explained Term Life Insurance is temporary life insurance that lasts for a specific period of time (or term). Most common are term lengths of 10 or 20 years, but policies can be issued for term lengths from one year to 40 years, or to a...
Whole Life Insurance Explained Whole Life Insurance is the most popular type of permanent life insurance in Canada. This type of life insurance is also the most confusing type of insurance because there are many different elements to a whole life policy. Let’s...
How Much Life Insurance Do I Need? So, you’ve decided to purchase life insurance – great decision! Life insurance is the greatest love letter you could ever write to your surviving family. By purchasing a life insurance policy, you’re providing peace of mind and the...
How Life Insurance Companies Are Responding to COVID-19 Life Insurance companies in Canada have had to pivot in response to the COVID-19 Pandemic. Prior to the pandemic, life insurance products were primarily sold face-to-face. Many of the additional steps involved in...
Do I Need Life Insurance? The simplest, most concise answer to this question is: maybe. That goes to say that there is no simple, concise answer, as everyone’s situation is different. Below we’ve outlined some common situations in which life insurance is a good fit,...
