Should you go for Return of Premium life insurance? [Presentation]
Return of premium (ROP) Life Insurance is a type of term life insurance coverage that returns your premium payments if you are alive at the end of your coverage term. Again, ROP life insurance works exactly as the name indicates: as long as the insured outlives the term period, the policy returns most or all […]
Read moreDo you need add ons with your Term Life Insurance? [Presentation]
A rider is an optional add-on to a policy. Typically, you need to choose the rider at the time of buying the policy. The most popular riders are accidental death and permanent disability riders. Know more about term life insurance add-ons in our presentation. Contact our financial advisors to purchase a custom life insurance […]
Read moreHow to purchase a life insurance policy for the first time
Buying life insurance for the first time is an important decision. The right coverage can help you protect your loved ones in case you are no longer there. Life insurance is a part of the necessity and is essential at any age. There are ample advantages of starting early because you simply cannot beat the […]
Read moreTerm Length options for Term Life Insurance now range from 5 to 50 Years
Your needs are unique and vary in almost all key phases of life. For example, today you might be single with fewer responsibilities to fulfil. After a year, you get married and your responsibilities increase. Soon afterwards you become a parent and your responsibilities increase further. To help you meet these unique needs, Canada Life […]
Read moreHow much life Insurance coverage should I have?
To be honest, you cannot pinpoint how much coverage you need by coming down to the precise dollar. What you can do is to make a good estimate of the amount you need by assessing your current financial condition and imagining what your family will need in the coming years. Generally speaking, you should figure […]
Read moreHow can you choose the right type of Life Insurance? [Presentation]
Choosing the right type of life insurance can be confusing, but it’s also an important decision. There are primarily two types of life insurance to choose from: a) Term Life Insurance b) Permanent Insurance Which one is the best for for you? Compiled by our Trust Life insurance experts, this presentation can help you find […]
Read moreThe Benefits Of Purchasing Life Insurance Through A Licensed Life Insurance Broker
When opting for a life insurance policy, you may opt to buy directly from a life insurance company or purchase a plan through an independent life insurance broker. A licensed independent broker often provides you with a better choice, especially in terms of ROI in the long run. You may also be able to find […]
Read moreCan’t pay your life insurance premiums? These are your options [Presentation]
Life insurance is a very valuable asset, which is much easier to cancel than to restore. If you run into financial difficulty, paying your life insurance premiums could take money away from other priorities like paying down your mortgage or buying groceries. But there are other options to consider. Here are a few recommended by […]
Read moreThings to look at before buying a Critical Illness Insurance Policy
Critical illness is precisely like an unwelcome guest that takes a massive toll on your health as well as your wealth. Kidney failure, cancer, paralysis, heart attack, etc. are some of the primary critical illnesses that can create a significant hole in your pocket. So, how do you prepare yourself for the unknown, especially now, […]
Read moreHow to Maintain Your Standards of Living After Retirement
Maintaining the standards of living after retirement can be difficult. But it can be done with proper financial planning keeping the long-term goal in mind. The following tips from our Trust Life advisors can help. 64th birthday – that’s the time when most Canadians retire. With proper retirement planning, you too can enjoy your golden […]
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