Blogs

Learn how Cash Value and Cash Surrender Value work within Canadian Life Insurance, highlighting differences between Term and permanent Life Insurance.

Families weighing renewing vs. converting a Term Life Insurance Policy gain clarity on coverage duration, premium changes, medical exam rules, and cash value growth.

Limited Term Life Insurance is explained through real situations in Canada, focusing on how a Term Life Insurance Policy works, steps to buy Term Life

Facing high-risk home loans in 2025, Canadian families can rely on a Term Life Insurance Plan for true mortgage protection. The writing shares real stories,

Limited Term Life Insurance Plans let you finish paying premiums in 10–20 years while keeping coverage for 20–30 years. This blog explains how they work,

The blog explains what happens if you outlive your Term Life Insurance Policy and explores your next steps. It covers Term Life Insurance renewal options,

Divorce or separation is probably one of the toughest experiences of a family, not only emotionally but also financially. For many parents in Canada, ensuring

Questions regarding Life Insurance costs always characterize its decisions. To a lot of Canadians, the cost of life insurance is a stumbling block in determining

This blog discusses how income influences your ability to secure Term Life Insurance in Canada. It covers the affordability of premiums, factors affecting coverage,

This blog explains the process of cancelling a Term Life Insurance Policy in Canada. It covers the potential penalties, such as non-refundable premiums and possible

This blog discusses how to choose the best Term Life Insurance company in Canada based on claim settlement. It highlights key factors such as claim

This blog covers the pros and cons of a Group Term Life Insurance Policy in Canada. It explains the affordability, guaranteed acceptance, and convenience of

This blog covers the key factors in choosing a Term Life Insurance Plan in Canada. It discusses who should consider purchasing Term Life Insurance, such

This blog explains why you may be denied Term Life Insurance in Canada, covering factors such as health conditions, age, lifestyle choices, and financial status.

This blog explains how long Group Term Life Insurance lasts, which typically ends when you leave your job. It covers options for continuing coverage,

This blog covers the approval process for Term Life Insurance in Canada, including the factors that affect approval time, such as health, age, and

This blog explains whether Term Life Insurance expires at age 65 in Canada, outlining the options available when your policy ends. It discusses how age

A Level Term Life Insurance Policy offers fixed premiums for a set period, ensuring financial stability. The blog explains how to compare Canadian Term

This blog discusses how smokers can qualify for a Canadian Term Life Insurance Plan, how insurers classify smokers, and the impact on premiums. It covers

Here, we will take you through the details of how to claim ratios can help you with your term insurance decision in Canada. It describes what

This blog discusses Term Life Insurance policies in Canada, detailing durations from 10 to 30 years and their benefits. It guides you on choosing the

This blog explains how to choose the best Term Insurance amount in Canada. It discusses reviewing financial needs, debts, and income replacement. Readers see how

This blog is all about the cost of Term Life Insurance in Canada. It is a breakdown of the factors that contribute to the

This blog describes the role of Term Life Insurance in Canada. It talks about how the cost of Term Life Insurance is determined, how

The blog explains the waiting period for Term Insurance in Canada. It covers why this period exists, how it affects Term Life Insurance Costs, and

Term Life Insurance benefits various individuals, including families, business owners, and policyholders seeking financial protection. The blog explains how Term Life Insurance provides security for

The blog compares a 20-year and 30-year Term Life Insurance Plan in Canada, helping individuals choose the right coverage based on budget, family needs, and

This blog details how to file a Term Life Insurance claim in Ontario, Canada, explaining the most crucial steps, such as document gathering and

This blog outlines how a Term Life Insurance Policy can help cover debts such as a mortgage, personal loans, or credit cards in Canada. How

Learn about Canada’s largest Term Life Insurance providers, of which some trusted names are Manulife, Canada Life, Sun Life, and RBC Insurance, further illustrating their

The blog discusses what happens after the completion of a 15-year Term Life Insurance Policy. It talks about renewal of the policy, conversion into a

A 5-year Term Life Insurance Policy offers short-term, affordable coverage with fixed premiums, ideal for temporary needs like loans or transitioning jobs. The blog explores

This blog explains what happens when a Term Life Insurance Policy reaches its end, including options such as renewal, conversion to Permanent Insurance, or purchasing

The blog will talk about Short Term Life Insurance Plans, focusing on how they are relatively inexpensive and easy to acquire when temporary needs arise,

The blog describes the process of how to change a nominee in Term Life Insurance Policies in Canada. It focuses on keeping the beneficiary information

The blog looks into the evolution of Term Life Insurance in Canada, its beginning through modern times, and future trends. Important milestones include, the affordability

This case study explores how Harpreet Puri, a trusted insurance broker in Ontario, guided a client through complex Term Life Insurance decisions. It highlights her

The blog discusses whether affluent individuals need Term Life Insurance Policies. It states that rich people use Term Life Insurance for tax purposes on estates,

The blog elaborates on the common clauses in the Term Life Insurance Policy, including free-look, grace period, renewability, conversion, and exclusions. It identifies their importance,

A Joint Term Life Insurance Policy covers two people under one plan but comes with disadvantages such as a single payout, lack of flexibility, complications

This blog points out options for seniors aged up to 75. It explains the term lengths, costs, and why the right plans will be

Choosing the right claim payout option for your Term Life Insurance Plan ensures your family’s financial security. This blog explains payout types—lump sum, staggered payments,

The blog discusses whether a medical exam is required for Term Life Insurance in Canada, exploring options like simplified and guaranteed issue plans that skip

This blog compares Limited Pay and Regular Pay Term Life Insurance Policies in terms of their payment structures, benefits, and suitability for various financial goals.

This blog addresses the issue of when to cancel a Term Life Insurance Plan and the reasons involved, such as financial constraints or reduced need

This blog delves into the best Term Life Insurance Plans for couples in Canada, exploring Joint and Individual Policies, important features to look out for,

The blog clarifies the differences that exist between Joint Term Life Insurance Plans and two Separate Term Life Insurance Plans. It shows the features, benefits,

This blog compares Term Life Insurance and Health Insurance in Canada, giving unique benefits to each. Term Life Insurance secures the future of your family

This blog stresses the significance of an ATPD rider on Term Life Insurance in Canada, elaborating on how this rider will protect one in case

This blog delves into why Term Life Insurance claims are declined in Canada, discussing common causes like misrepresentation on applications, missed payments, lapses of

Short Term Life Insurance Policies can be temporary coverages over specified periods for particular needs, like loan repayments, job change, or parenting. Here, you will

The blog discusses what happens if you can’t pay your Term Life Insurance, including the grace period, policy lapse, and reinstatement options. It shares practical

The blog discusses factors that can disqualify you from Term Life Insurance in Canada, including severe medical conditions, risky lifestyles, non-disclosure, high-risk jobs, and financial

The blog explains the significance of attaching riders to Term Life Insurance in Canada, making them more comprehensive and flexible as per the individual’s requirements.

Learn how one can determine the best term length for a Term Life Insurance Policy, considering the financial obligations, age, budget, and long-term goals.

This blog discusses the Term Life Insurance payout process in Canada, focusing on the time period for Term Life Insurance claims and factors that may

Explore why it is great to get Term Life Insurance through a broker: Brokers represent you by giving you tailor-made recommendations and multiple free Term

The Term Life Insurance policies that banks offer often seem to be an easy choice but ultimately fail. The premiums of the plans offered by

Exploring life insurance options often leaves individuals confused between Term Life Insurance and Group Term Insurance. This is because the two share similar benefits but

Life insurance can be rather intimidating when trying to sort out. A great deal of life insurance shoppers do ask, “Is there 10-Year Term Life

When we talk about protecting our families financially, Term Life Insurance often becomes part of the conversation. Yet, one common question people ask is, “Does

With online platforms, Term Life Insurance purchases have been made an easy and accessible task in today’s digital world. However, a number of Canadians do

You have probably heard about Term Life Insurance and how it protects the financial future of your loved ones. But do you know when Term

Term Life Insurance typically gains popularity for its ease of use and affordability when determining what type of life insurance to purchase. However, as is

When discussing Term Life Insurance, one question that is common among the clients is whether they are able to have maximum coverage. People wish to

Choosing the right Term Life Insurance Plan can feel overwhelming, especially when faced with different types of policies and varying rates. Many just wonder which

Many parents in Canada need help with the appropriate financial moves for their children’s future. Among these considerations is the question of whether a child

Most Canadians wish to strike a balance between protecting loved ones and acquiring wealth while handling their finances. Considering the number of investment and insurance

When one is considering a Term Life Insurance Plan, one assumes it offers coverage for every possible scenario. Much of the financial security and promise

Many Canadians have to juggle their monthly bills for rent or mortgages, grocery bills, and utilities, to name a few. Adding an insurance premium to

Deciding on the right life insurance policy can feel like trying to navigate a maze. So many people are struggling with balance: affordability, coverage, and

As a business owner in Canada, one of the first thoughts and questions asked is whether Term Life Insurance can be considered a business expense

Term Life Insurance is one of the most popular choices for many people because it’s simple and relatively cheap. The Term Life Insurance financial protection

Term Life Insurance is possibly the simplest way to provide financial security for a term, but most policyholders have tended to think about what really

In Canada, many are still trying to determine whether a Term Life Insurance Policy can indeed be something similar to an investment. There is a

People from all walks of life in Canada search for financial security for their families in uncertain times. From young professionals building a financial future

Most Canadians can fit into one of two commonly reoccurring dilemmas when they consider their own plans for the future: Investing in a comprehensive insurance

Calculating the right Term Insurance value is a decisive step to a prosperous financial future for your family. Many Canadians face challenges when determining how

Term Life Insurance with a return on premium is one of the most promising policies for many investors searching for an insurance policy with the

Planning for future life insurance is a fundamental building block in any solid financial strategy. Many of the clients at Canadian LIC, the best insurance

It’s the Term Life Insurance claim period, which nobody thinks much about until a situation arises where a person may need to make use of

This is a common dilemma for many Canadians: Term Life Insurance versus Whole Life Insurance. Term Policies are relatively cheap, clear-cut, and provide cover for

Owning a home is sometimes a dream for many for their whole lives, but for most Canadians, this reality becomes a nightmare: making monthly mortgage

Many Canadians, especially those who are balancing family commitments, mortgages, and work obligations, often wonder how they would protect their family financially in case they

Many Canadians, during the decision-making process when choosing which life insurance plan to follow, are concerned about understanding if Term Life Insurance has a cash

Term Life Insurance is one of the most vital products for the majority of people who earn a living to ensure that their loved ones

It is especially appealing to many Canadians who have the notion of getting Term Life Insurance without necessarily going through the inconvenience of a medical

When it comes to securing your future and protecting your loved ones, a Long Term Life Insurance Policy is amongst the most efficient means of

Many will ask themselves if, on a particular life insurance plan, they really need Long Term coverage. The thought of locking in for 20 or

In securing relatively cheap Term Life Insurance, seniors in Canada who are 70 years old and older seem to be fighting a losing battle. The

Planning your financial assets is very important to ensure that, in case of some unexpected event, you can secure the well-being of your family. There

Many think that after Term Life Insurance is approved, the problems are resolved, and one is all set for the term period. In most people’s

Among the many widespread difficulties people face when making a decision about life insurance coverage, perhaps one of the most prevalent is finding out how

Term Insurance is actually one of the simplest and least expensive kinds of life insurance. However, one question that often arises is: “Does Term Insurance

Most buy a 20-Year term life in order to guarantee the security of loved ones as they raise children, pay off a mortgage, or accumulate