fbpx

Life Insurance

immediate financing arrangement - featured img

Immediate Financing Arrangement: What Is IFA For?

An Immediate Financing Arrangement (IFA) is a financial strategy that allows individuals and corporate business owners to obtain permanent life insurance coverage while preserving cash flow for investment or business opportunities. By leveraging the cash value of a life insurance policy with a financial institution, policyholders can access a significant portion of their premium payments […]

Immediate Financing Arrangement: What Is IFA For? Read More »

whole life vs universal life insurance canada - featured img - umbrella

Whole Life vs Universal Life Insurance in Canada

Are you torn between whole life vs universal life?  Choosing the right type of life insurance is crucial for ensuring your loved one’s long-term financial security. Choosing between whole life and universal life insurance can impact long-term financial planning and peace of mind. This post will compare whole life and universal life insurance, focusing on

Whole Life vs Universal Life Insurance in Canada Read More »

joint-last-to-die-life-insurance - featured img

Joint Last to Die Life Insurance: An Estate Planning Tool

Joint Last to Die life insurance, also known as survivorship life insurance, is a crucial part of estate planning for Canadian couples. This life insurance policy covers two individuals and pays a death benefit only after the second person dies. Doing so offers a cost-effective way to protect an estate compared to purchasing two life

Joint Last to Die Life Insurance: An Estate Planning Tool Read More »

key person life insurance - featured img

Key Person Life Insurance: A Guide for Canadian Businesses

Key person life insurance safeguards businesses against the sudden loss of a critical team member whose expertise and contributions are vital for the organization’s continued business operation and success. When a key individual—an executive, a specialist, or anyone whose absence would pose a significant risk to the company’s financial health—unexpectedly passes away, a key person life insurance

Key Person Life Insurance: A Guide for Canadian Businesses Read More »

life insurance for generational wealth - featured img

Life Insurance for Generational Wealth Building

Unbeknownst to most Canadians, the old rich effectively utilize life insurance for generational wealth to preserve and magnify their wealth for the next generation. Life insurance is often perceived primarily as financial protection against unexpected loss of life, covering immediate expenses and outstanding debt. However, life insurance can provide long-term economic stability and wealth growth for many generations—a cornerstone of

Life Insurance for Generational Wealth Building Read More »

low-income funeral assistance in alberta - featured image

Low-Income Funeral Assistance in Alberta: Complete Guide

Dealing with a loved one’s death is an emotionally trying time, which can be further compounded by financial strain. A support system such as low-income funeral assistance in Alberta is in place to aid low-income individuals and families facing funeral expenses. The Alberta government offers funeral benefits to ensure dignified services for the departed. This

Low-Income Funeral Assistance in Alberta: Complete Guide Read More »

government funeral grants - featured img

Government Funeral Grants: A Guide for Low Income Canadians

When a loved one passes away, the financial burden of funeral costs can be significant. There are available government funeral grants in Canada which are designed to alleviate some of the stress associated with paying for burial expenses. Available to Canadian citizens and residents, this grant aims to provide relief during a difficult time. Eligibility

Government Funeral Grants: A Guide for Low Income Canadians Read More »

final expense insurance canada - featured img

Final Expense Insurance in Canada: End-of-Life Coverage Guide

A final expense insurance in Canada aims to ease the financial pressures of end-of-life costs, providing peace of mind to policyholders and their loved ones. These life insurance policies usually cover expenses such as funeral arrangements, unpaid bills, and any other immediate costs related to a person’s death. This type of life insurance policy helps

Final Expense Insurance in Canada: End-of-Life Coverage Guide Read More »

Scroll to Top