Life Insurance for Expatriates in Canada
In recent years, Canada has become one of the world’s leading immigration hubs, accepting more than 500,000 immigrants annually. However, the recent spike in living costs and housing has resulted in many Canadians looking to relocate to new countries for better work opportunities, nicer weather, and lower taxes. While transitioning to a new country is […]
Why Millennials Need to Start Thinking About Life Insurance Yesterday!
“I am young and healthy, why do I need life insurance? It is just another expense I can’t afford” This is usually what you hear from most millennials when they are asked about life insurance. And, fair enough. After all, in today’s tough economy, with high unemployment rates, rising inflation, and low incomes, buying life […]
Pros and Cons of Group vs. Individual Health Insurance
There are two forms of health insurance in Canada, public (basic) and private (extended) health insurance. Public health insurance covers basic medical services while private health insurance plans are more extensive covering costs for medical services that public health insurance doesn’t provide, including prescription medications, dental care, ambulance services, dental care, and eye care. Private […]
How to Update Your Insurance Policies After a Divorce
Going through a divorce is messy no matter how amicable it may be. Division of financial assets, adapting to new living situations, and managing emotions can be draining for all parties involved. Besides personal life changes, many practical matters must be resolved during a divorce, including updating your life insurance policy. This is even more […]