Insurance Blog

Burial insurance is also known as pre-need or final expenses insurance and is meant to cover final expenses when the policyholder passes away. Most final expenses insurance policies offer coverage amounts between $5,000 and $25,000. For many it's vital that they have a policy in place to cover these last costs because most funerals in Canada exceed $10,000 in price. There are also various tax liabilities, final medical expenses and various unexpected ongoing costs that can reveal themselves up until the estate is finally settled ...
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Different laws, guidelines, and life expectancies mean that life insurance policies are different for each country. For example, someone from the UK may find it easier to get an amazing policy thanks to sites like https://discountlifecover.co.uk/, whereas an American might struggle to find a similar policy in the US because the laws are different. While it's all pretty similar, these small changes can affect policies in a big way. This is why you need to do a lot of research into which life insurance policy ...
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It's a common misconception, but life insurance for seniors is not as limited as you may think. the reality is, the options are plentiful when discussing life insurance for seniors, but it's just a matter of knowing where to look and which broker to work with ...
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No medical disability insurance has no medical tests. Disability insurance can be confusing for people who haven't had time to look into all the different types of insurances. You may be questioning how does disability insurance work because it can get confusing. This is why no medical disability insurance is the perfect solution for those who want disability insurance, but fear they would be disqualified by medical circumstances. Unlike no medical disability insurance, most disability insurance policies do require medical tests. In fact, disability insurance ...
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You can still get term insurance if you're unhealthy. Many brokers used to steer clear of unhealthy clients. The reason for this avoidance was twofold: ...
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According to Michael Taylor, vice president of sales at Hunter McCorquodale about 5% of all life insurance applications are declined in Canada each year. This equates to roughly 35,000 decline policies ...
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A study from the University of Toronto found that those who've never smoked live, on average, a full decade longer than lifetime smokers. However, there was also good news for smokers in the same study: those who quit smoking by age 44, on average, die only one year earlier than someone who has never smoked ...
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La Capitale offers a simplified issue critical illness term 10 policy called Second Chance. The policy is available to applicants aged 18 to 60 and is available in face amounts of $10,000, $25,000, and $50,000. The premiums are level for ten years and the plan is guaranteed renewable. The plan covers six illnesses, and the policy includes a Best Doctor's Assistant Service and Succession Advantage Coverage. There's no underwriting involved, but the insured must be able to answer no to the health questions asked. Check ...
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Contact your insurance broker about La Capitale's Affirmative Simplified Issue Plan La Capitale is offering The Affirmative Simplified Issue Plan. The plan has no medical tests and four health questions, but within those health questions are several sub-level questions. The premiums on the plan are as follows: For a 25-year-old, male non-smoker, $25,000 of coverage is $55.55 a month. For a 40-year-old, male non-smoker, $25,000 of coverage is $78.50 a month. The death benefit is limited for non-accidental deaths (in the first two policy years) ...
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No-medical life insurance in Canada has seen an upsurge in popularity in recent years, but how many insurance advisors and consumers really understand the pros and cons of this type of coverage? We lay out five advantages and disadvantages just for you ...
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