Canadian Insurance Blog
Will Planning and Canadian Life Insurance
Buying life insurance is the first step in preparing for the future. However, it is very important to ensure that your life insurance policy is distributed in the manner in which you intend. This can only be accomplished by a legal will. Proper will planning can not...
Smoking and Life Insurance
Everyone now knows that smoking is bad for our health and that it shortens our life expectancy. As a result, life insurance companies take smoking into account when underwriting a life insurance application. In fact, there are actually "smoking" and "non-smoking"...
Term Life vs. Whole Life Insurance
This blog article compares and contrasts term life insurance with whole life insurance plans. We finish the article by suggesting several situations where one type of life insurance is better suited than the other. Life Insurance Basics The primary purpose of life...
Joint Life Insurance Plans
One type of life insurance that many people do not consider is joint life insurance. With a joint life insurance policy, there are two or more insured people on one plan instead of just one insured person. There are several main types of joint life plans: "joint first...
Canadian Household Debt and Life Insurance
The amount of average Canadian household debt has been in the news many times the past couple of months. While interest rates seem to be steady for the time being, logic dictates that they will have to increase. This will eventually be reflected in higher mortgage...
Climbing and Life Insurance
Climbing is an activity that many people enjoy. Rock climbing is very common and can even be done indoors. Ice climbing involves scaling large ice walls instead of rocks. The ultimate challenge is mountain climbing, which has unique risks due to the very high...
Driving Records and Life Insurance
Driving is something that most of us do every day. Whether it is driving to and fro from work, going out to pick up some groceries, or driving as an occupation, it is a privilege that we often take for granted. However, what many people don’t realize is that our...
Finance And Elderly Parents
As parents get older, circumstances can sometimes be reversed, and the children assume the care of their parent(s). Loss of a spouse, health concerns and/or advanced age are factors that can affect your parent(s) independence. This role reversal can be a difficult...
Aneurysms and Life Insurance
This blog article discusses the effects an aneurysm has on a life insurance application. We first cover aneurysms in general. We then offer tips on fast-tracking your application as well as likely underwriting outcomes. What is an Aneurysm? An aneurysm is the local...
Keeping Your Life Insurance Coverage When Finances are Tight
As monthly expenses get tighter and debt loads increase some people may find it tempting to cancel their life insurance coverage in order to save on paying the premiums. This 'solution' however can lead to financial consequences later on. Should your health status...
Life Insurance for Scuba Divers
Scuba diving is an underwater activity enjoyed by millions of people around the world. The scenery can be spectacular and is far removed from the busy lives many of us lead above water. However, scuba diving also comes with inherent risk. A study conducted in 1970...
Group Life Insurance: Are You Actually Covered?
Chances are, if you have employee benefits, you have some type of life insurance coverage included. While great attention is paid to the details of the health insurance component, many people don't pay attention to life coverage. It's important to know exactly what...
– CATHY, TECHNICAL WRITER FROM ERIN, ON
– PRAD, SYSTEMS ANALYST FROM MARKHAM, ON
– MAUREEN, HUMAN RESOURCES FROM PRINCETON, NJ USA
