Insurance
Life Insurance Beneficiary Review in Canada: Year-End Checklist
A practical year-end checklist to ensure your life insurance beneficiary designations remain current, accurate, and aligned with your estate plan across all your policies.
Life
Articles about life under Insurance.
Insurance
Is $35 Every 3 Months Normal for Life Insurance in Canada?
A $35 quarterly premium for life insurance is unusually low and may be a small term policy or group coverage, worth investigating to confirm the coverage amount and beneficiary.
Insurance
How to Choose Term Life Insurance in Canada: A Step-by-Step Guide
Learn how to assess your coverage needs, compare term life policies, and secure affordable protection for your family across Canadian provinces.
Insurance
Life and Health Insurance Benefits in Canada Rise 10% to $157 Billion
Canadian insurers paid out $157 billion in life and health insurance benefits, marking a 10% increase that reflects demographic shifts, inflation, and expanded coverage across the country.
Insurance
Understanding Supplemental Life Insurance Through Your Employer in Canada
Supplemental life insurance through your workplace can offer affordable coverage beyond basic group benefits, but portability and coverage limits require careful consideration.
Insurance
What $157 Billion in Life and Health Insurance Benefits Means in Canada
Canadian life and health insurers paid out $157 billion in benefits in 2025, covering death benefits, disability payments, critical illness claims, and supplemental health coverage for millions of Canadians.
Insurance
Life and Health Insurance Benefits Increased 10 Per Cent in Canada in 2025
Canadian life and health insurers paid out 10 per cent more in benefits during 2025, reflecting rising claims across critical illness, disability, and death benefits amid an aging population and increased health challenges.
Insurance
Life and Health Insurance Benefits Totalled $157 Billion in Canada in 2025: What This Means for You
Canadian life and health insurers paid $157 billion in benefits in 2025, covering death benefits, disability income, critical illness claims, and group health coverage for millions of families.
Insurance
Life Insurance Claims with BMO Insurance in Canada: What You Need to Know
Filing a life insurance claim with BMO Insurance involves specific documentation and steps. Learn what beneficiaries need to know about the claims process, timelines, and requirements.
Insurance
Canada's Life Insurance Gap: Why 8.4 Million Canadians Are Underinsured
Rising mortgages and debt have created a C$400 billion life insurance coverage gap, leaving millions of Canadian families financially vulnerable.
Insurance
Critical Illness Insurance in Canada: What Conditions Are Covered and Who Needs It
Critical illness insurance pays a lump sum if you are diagnosed with a covered serious condition. Learn which illnesses are included, how the coverage works, and whether it fits your financial plan.
Insurance
Term Life Insurance vs. Permanent Life Insurance in Canada
Compare term and permanent life insurance to find the right coverage for your family and financial goals in Canada.
Insurance
How Much Life Insurance Coverage Do You Actually Need in Canada
Compare the most common methods Canadian families use to calculate life insurance coverage, from simple income multiples to detailed needs-based approaches.
Insurance
Terminal Illness Benefits in Canadian Life Insurance: What's Included vs. What You Buy Separately
Most Canadian life insurance policies include a terminal illness benefit at no extra cost, but understanding how it compares to standalone critical illness coverage can help you make informed decisions about your protection.
Insurance
How to Name a Beneficiary Versus Your Estate on Life Insurance in Canada
Learn when to name a person as beneficiary versus your estate on Canadian life insurance, and understand the probate, tax, and timing implications of each choice.
Insurance
Joint First-to-Die vs. Separate Life Insurance Policies in Canada
Learn how joint first-to-die life insurance compares to separate policies for Canadian couples, including cost differences, coverage trade-offs, and when each option makes sense for your family.
Insurance
Key Person Insurance in Canada: 7 Essential Facts About Covering the Loss of an Owner
Key person insurance protects Canadian businesses from the financial impact of losing a critical owner or executive. Learn what it covers, how it works, and whether your business needs it.
Insurance
Term Life Insurance Versus Permanent Life Insurance in Canada
Understand the key differences between term and permanent life insurance to choose the right coverage for your family and financial goals in Canada.
Insurance
How to Choose Between Term Life and Permanent Life Insurance in Canada
Learn the key differences between term and permanent life insurance to choose the right coverage for your family's financial protection in Canada.
Insurance
How Much Life Insurance Do You Need to Replace Your Income in Canada
Learn how the calculator method helps you estimate the life insurance coverage needed to replace your income and protect your family's financial future in Canada.
Insurance
Mortgage Life Insurance Versus Term Life Insurance in Canada: Which Gives Better Value
Mortgage life insurance and term life insurance both protect your family if you pass away, but they work differently and offer different value. Term life usually provides more flexibility, lower premiums, and better coverage for your money.
Insurance
How to Calculate Critical Illness Insurance Coverage in Canada
Learn how to determine the right amount of critical illness insurance coverage for your situation using key financial factors and family needs.
Insurance
Group Benefits at Work vs. Individual Life Insurance in Canada: Which Covers You Better?
Compare employer group life insurance and individual policies to understand which provides better protection for Canadian families.
Insurance
Term Life vs. Permanent Life Insurance in Canada: Which Is Right for Your Family
Compare term and permanent life insurance to find the best coverage for your family's needs and budget in Canada.
Insurance
BMO Insurance Life Insurance Claims in Canada: What Beneficiaries Need to Know
A BMO Insurance life insurance claim usually starts with confirming the policy, contacting the insurer, and submitting proof of death plus beneficiary documents. This checklist explains what to prepare before relying on a payout.
