Purchasing life insurance is perhaps one of the most important financial decisions you will make for your financial security.
Not only does it protect the loved ones you will leave behind, but it can also be a useful tool well before then. While there are many things to take into account when purchasing life insurance, check out our list of some of the first six things to consider in this presentation when buying Life Insurance for the first time in Canada. Read more
Most Canadians today, understand the need for life insurance. Standing in 2020, more than half of the Canadian population owns some type of life insurance. However, the number of underinsured cases are still very alarming.
Remember, life insurance is not something you purchase for yourself — you buy it for the benefit of others. Regarding how much life insurance you need, most people make erroneous decisions.
Honestly, no one can give a universal answer to the question – “How much life insurance do I need?” Everyone is unique and everyone has different requirements. It is therefore easy to see why coverage and rates vary from person to person. Read more