Explore the essential process of determining life insurance needs, methods like human life value and needs approach, and factors influencing coverage requirements.
Explore the key differences between term and permanent life insurance, their advantages and disadvantages, and scenarios where each is most suitable. Learn how to align your insurance choice with financial goals, budget, and personal circumstances.
Explore the structure, features, and strategic benefits of universal life insurance policies, including flexible premiums, adjustable death benefits, and investment components.
Explore the world of life insurance riders and options, their benefits, costs, and how they can enhance your policy. Learn about common riders such as Accidental Death Benefit, Waiver of Premium, and more.
Explore the tax treatment of life insurance policies in Canada, including premiums, cash value growth, and death benefits. Learn about exempt and non-exempt policies, and discover how life insurance can be a strategic tool for tax planning.