Canadian Insurance Blog
Health & Wellness Programs
The Importance of Health & Wellness Programs Life insurance is more than just a policy to cover you in times of death. Your insurance carrier wants you to be healthy, happy and productive. This is why most carriers are offering health and wellness programs, aimed...
How to Save on Life Insurance
The brokers here at Baker & Baker Benefits have been helping Canadians get life insurance for several years now, and we enjoy passing on our knowledge and experience to the Canadian public. In keeping with this spirit, here are some insightful tips on how to save...
Finance & Romance: Tips on Successfully Managing Both
While some people view Valentine's Day as a day that focuses on love and romance, others may view Valentine's as nothing more than a time to make money by companies trying to cash in on 'yet another holiday'. Regardless of what your personal views about Valentine's...
Becoming “Later In Life” Parents
Life Insurance Needs For Older Parents In the past 25 years, there has been a growing trend to postpone parenthood until later in life. Many Canadians are choosing to focus on career, financial security, and other pursuits, before starting to raise a family. For those...
Employee Benefit Trends for 2020
Diversity in the Workplace Today’s workplaces are more diverse than ever and this new workforce is shifting the thinking around traditional benefits packages. The biggest trend and focus of modern plans is toward a more complete and comprehensive “total workplace...
Small Business Planning For The New Year
With a new decade upon us it's a good time to evaluate your business. Begin the new year with a detailed business plan in place, as well as defining your goals. Go beyond the profit and loss figures; maybe it's time to research using new suppliers, a new marketing...
Keeping Your Life Insurance Up To Date
It is a good idea to evaluate and review your life insurance coverage once a year. Changes in your lifestyle, family, and income can affect the coverage you need. Once a year, re-read your policy to determine whether your current coverage is adequate to meet all your...
Universal Life Insurance
Universal life insurance is a hybrid policy that combines certain elements of both term and whole life. Universal life coverage offers the consumer the benefits of a more conventional term life policy and can build up a cash value more quickly than traditional whole...
Minimize Estate Taxes with Life Insurance
Taxation of an estate when a person dies can be significant. In some cases, the amount of tax owed can be so severe that part or even all of an estate must be liquidated in order to pay the taxes owing. One way to minimize estate taxes is to leverage life insurance....
Guaranteed Issue Life Insurance: Who Needs It?
For many Canadians, purchasing life insurance may appear to be a troublesome prospect. People who have health problems or are advancing in age may assume that they do not qualify for life coverage. Also, some Canadians unexpectedly find themselves without coverage...
Applying For Life Insurance in Canada
Why Is Life Insurance Important? Life insurance is an important part of every Canadian's financial security. Life insurance will ensure that your survivors are not encumbered with your debt, as well as providing them the finances that will enable them to live without...
Wealth Management: Keeping your Family Cottage
This article specifically discusses wealth management from the perspective of cottage owners, especially those who want to keep a cottage in the family. What You Need To Know About Cottages When you pass away assets transferred to your children can result in a capital...