Explore the essential process of determining life insurance needs, methods like human life value and needs approach, and factors influencing coverage requirements.
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.
Explore the critical role of life insurance in estate planning, including liquidity provision, wealth replacement, and tax advantages. Learn about different insurance types and strategies for effective estate planning.