How Long Does The Life Insurance Claims Process Usually Take?
Life insurance is an essential financial tool that pays out a sum of money or death benefit to your beneficiaries to help cover their expenses and compensate for lost future income. Over 70% of Canadians have some type of life insurance policy to help provide peace of mind and financial security for loved ones. It […]
Retirement Planning: The Role of Annuities and Life Insurance
The best years of our lives often come during retirement, as you can finally do all the things you wanted but couldn’t, as you were too busy working and saving up for the future. Those who successfully plan for retirement can live out the remainder of their lives in comfort and luxury without worrying about […]
How Life Events Affect Your Insurance Needs
As we go through the different stages of life, from infancy to adulthood, our wants and needs change and so do our financial needs and responsibilities. During our transition to adulthood, we tend to only think about ourselves and the present whereas as we age our goals and thoughts change. What becomes more valuable is […]
The Role of Beneficiary Designations in Life Insurance Policies
Having a life insurance policy is the most effective way to safeguard your loved ones financially, in case you were to pass away unexpectedly. It is one of the stepping stones of a sound financial plan. A death benefit isn’t paid out automatically and that is why the role of beneficiary designation is of such […]