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,...
Will My Beneficiaries Have to Pay Taxes on Life Insurance Proceeds? One of the questions we hear most often regarding Life Insurance is “Are life insurance proceeds taxable when I die?” Generally speaking, the simple answer is no. Life insurance proceeds are not...
How to Choose a Life Insurance Company It can be a struggle to choose a life insurance company. The reason why? There are more than 150 life insurance companies in Canada. With this many choices, it can be overwhelming to try to decide which company is the best for...
Is Life Insurance Worth the Cost? Maybe we should rephrase the question, can you afford not to have life insurance? Deciding why we need life insurance can be a very difficult decision, for many reasons: You’re healthy now, what could possibly go wrong? None of your...
Life Insurance for Seniors: It’s Not Too Late! If you’re over the age of 60, you may be wondering whether it’s too late for you to apply for life insurance. While it is true that premium rates increase as you age, that doesn’t mean that there isn’t an affordable...
