The Difference Between Critical Illness & Long-Term Disability Coverage in Nova Scotia
There are many types of insurance coverages in the marketplace, and it can be overwhelming to decide which coverage is right for you. There’s Life, Health, Home, Auto, Dental & Liability insurance just to name a few but only two specific types of coverage options can pay yourself in the event of an illness or […]
How Much Life Insurance Do I Need In Canada?
A financial advisor will recommend every person accumulate financial resources of at least seven to ten times their annual income. The life insurance options and benefits you choose will have an impact on the exact death benefit your loved ones will receive at the time of your demise. Different factors like any debts, loans, mortgages, […]
What Are The Typical Life Insurance Premiums In Nova Scotia?
It is important to understand what is life insurance in order to correctly analyze different life insurance products and life insurance premiums charged by life insurance companies. Life insurance provides a death benefit to the life insurance beneficiary when you pass away. Some types of life insurance policies have cash value while others don’t. Cash […]
Traditional Life Insurance compared to Non-Medical Life Insurance
What is traditional life insurance in Nova Scotia? Life insurance pays a tax-free lump sum payment to your beneficiary when you pass away. This can be used for final expenses, income replacement or leaving money for the children’s educational fund. Life insurance comes in two forms with a variety of product offerings, Term & Permanent […]