Top 10 Life Insurance Myths
More than half of Canada’s population, around 57%, has some type of life insurance policy according to a new study conducted by LIMRA. However, there are still many misconceptions and myths surrounding life insurance, making it one of the most misunderstood financial products in Canada. Today, we seek to understand the truth behind these myths […]
Life Insurance as a Financial Safety Net
Life insurance is more than just an insurance policy. It’s a promise of financial protection and peace of mind. For many Canadians, it represents the assurance that their loved ones will be financially stable, even in the face of unexpected tragedy. As such, nearly 60% of Canada’s population, or 22 million Canadians, are covered by […]
How Much Does A Million Dollar Life Insurance Policy Cost?
Having a million-dollar life insurance policy may sound like overkill, but in today’s modern age, with increasing inflation and cost of living, a million dollars isn’t that much anymore. If you sit down and calculate how much money your loved ones would need, in case you were to pass away, you would easily arrive at […]
How Fitness Trackers Can Help You Save on Life Insurance?
The nexus between fitness trackers and life insurance has become increasingly evident in recent years. As wearable technology continues to evolve, insurance companies are now leveraging data from fitness trackers to offer more personalised and affordable insurance plans. Wearable devices such as fitness trackers can monitor various health metrics that aren’t just great for tracking […]