Canadian Insurance Blog
Group Insurance and Employee Benefits: Understanding the Funding Methods
Many Canadians receive group insurance, otherwise known as employee benefits, from their employer. These plans usually include some form of health and/or life insurance coverage. Group insurance comes in different funding formats. Employers can choose from different...
Alcohol and Life Insurance?
Most people in our modern-day society like to drink alcohol from time to time. Many of us enjoy a glass of wine, a cold beer or even one of the harder drinks (pink umbrellas optional) when we are winding down after a long day. But how does alcohol consumption affect a...
Life Insurance for Canadian Women
In the past 50 years, the role of women in Canadian society has greatly changed. As well as continuing to be wives and/or mothers, women play a vital role in the Canadian business sector. Women also play a major role in the earning of the family finances, with either...
Crazy Life Insurance Fraud: The Non-Existent Insured
Welcome to another story about hard-to-believe life insurance fraud attempts. Defrauding life insurance companies is a crime, and the consequences when caught are not pleasant. However, it is truly amazing what people will concoct when trying to get rich quick. Human...
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...
– CATHY, TECHNICAL WRITER FROM ERIN, ON
– PRAD, SYSTEMS ANALYST FROM MARKHAM, ON
– MAUREEN, HUMAN RESOURCES FROM PRINCETON, NJ USA
