Keeping Your Life Insurance Up To Date

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...
Keeping Your Life Insurance Up To Date

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

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?

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

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...
Minimize Estate Taxes with Life Insurance

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...