A survey commissioned and released in April 2013 by The Canadian Life and Health Insurance Association (CLHIA) and conducted by Leger Marketing, found that a large majority of older Canadians would not be able to afford the high costs of…
Category: Seniors Insurance
Permanent Life Insurance for Seniors in Canada
Permanent life insurance policies for seniors in Canada come in three distinct varieties. The first type of permanent life insurance policy for seniors in Canada is a term 100 insurance. This type of policy provides fixed premiums and lifetime protection.…
Burial Insurance for Seniors
Death is tragic, inevitable and uncertain, but there is a way to take back a little piece of mind and at least given your family financial certainty in the untimely event of your death. Burial insurance for seniors is one…
Final Expenses Insurance
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…
Tagged with: final expense
Life Insurance for Seniors in Canada
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…
Life Insurance for Seniors: What Company is Best?
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…
Guaranteed Issue Funeral Insurance
Life insurance will now cover funeral expenses and a lot of funerals offer different services that may accommodate your needs – view website here to learn more. Funeral costs can vary widely in Canada, depending on which features you’re looking…
Term Insurance For Seniors No Medical Required
Industrial Alliance offers a unique simplified issue term life insurance plan for seniors. Many companies offer simplified issue whole life insurance, but the number of simplified issue term insurance providers is much more limited. A plan called The Alternative is…
Tagged with: term life
Understanding Deferred Death Benefits
There are a lot of deferred death benefit options with no medical tests or questions. A deferred death benefit life insurance policy is one which limits the payout for the first few policy years on non-accidental deaths. Usually, the deferment…
Tagged with: death
Purple Shield Insurance vs other Products | Pros, Cons, Tips
For over 100 years, Purple Shield has been offering life insurance and final expenses solutions in Canada. In this article we will provide an expert overview of Purple Shield insurance products and address the following questions: What products does Purple…
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