Tag Archives: Permanent Insurance

Life Insurance for High Risk People

High risk life insurance is for people who engage in hazardous activities or have a serious health condition.  There are several activities that are considered “risky” by an insurance company… scuba diving (to certain depths), certain extreme sports (motorsports, heli-skiing, back-country skiing), commercial fisherman, logger, or pilot, skydiver, mountaineering, bungee jumping, etc… There are a […]

Life Insurance for Seniors

When we reach the age of “only” 50 we may start to find it difficult to get approved for life insurance.  For many of us there is considerably less of an insurance need but we might be concerned about not leaving a financial burden for things like funeral costs, or helping your beneficiaries cover any […]

Introducing Term Life Insurance

Term life insurance is a great way to get coverage for a specified period of time.  Buying life insurance is for the protection of loved ones (or even business partners), to eliminate the risks associated with the loss of an income earner or key person.  The use of “term” insurance is often recommended because the […]

Helpful Hints for Buying Life Insurance

1.   Determine How Long You Need Insurance For. Term insurance is the most affordable and more widely available than permanent insurance (UL, T-100, Whole Life).  As a result the prices can be pretty competitive.  Insurance companies will require that you get a medical exam to assess your health and their risk to insure you.  There […]

Getting Reliable Life Insurance

Getting life insurance that you can rely on may seem like an oxymoron to many Canadians.  Can you breathe easy knowing that your policy will definitely protect your loved ones?  Or will they have to fight tooth and nail to process a claim in their most trying of circumstances? Firstly, ensure that you have an […]

Considerations for Your Business

Business owners will attest to the hard work it takes to establish a successful business. The years of hard work personal investment is just too valuable to not be insured When you die, what will happen with your business? Do your plans take into account estate taxation, legal issues, and liabilities? If a key person […]

Universal Life – When and Why?

Over the years there has been much debate between insurance sales people offering their advice on Universal Life Insurance.  You’ve no doubt heard the “buy term and invest the difference” company say that it’s always better to buy term insurance and invest your extra cash flow in a solid investment portfolio.  You may have also […]