If you’re considering life insurance, that usually means you’re at a transitional point in your life when you’re not just thinking about taking care of yourself anymore, you’re actually thinking beyond your own life, both emotionally and chronologically. Whether it be your spouse, your children, a business or a cause, life insurance allows you to care for others even when you’re not there. At its most basic, life insurance is a way to make sure that the people you care for in life continue to be cared for after you’re gone. It’s also a way to carry your responsibilities with you beyond this ..read more

Mortgage insurance protects your family if something should happen to you and you are unable to make your mortgage payments. But the mortgage insurance sold by your bank or other mortgage provider is almost never the best value. The better option is buying life insurance from a licensed insurance broker, in the amount of your mortgage. This alternative is usually cheaper, the coverage is more reliable, and your family gets to choose how to spend the money, not the bank. If you own your home or condo and have a mortgage, you’ve probably been offered mortgage insurance. Heck, you may even hav ..read more

Hey Adam, I know I should be considering life insurance but I’m confused about the difference between term and permanent. I’ve heard that term insurance is a lot cheaper and the best way to go. Can you help me understand the options so I can figure out what’s best for me and my family? Sam from Mississauga Everyone in the world has a permanent need and a number of temporary or term needs and everything fits into one or the other. Both options have assorted products underneath involving length of term, frills, and investment features. Why permanent life insurance? The permanent need th ..read more

At one time, a diagnosis of HIV was life-threatening news since it usually meant that AIDS would follow. Thankfully medical treatments have been developed that allow people to live with HIV, which has become regarded as a chronic disease rather than a fatal illness. This good news still didn’t make insurance companies ready to insure HIV-positive people until earlier this year when Manulife made a significant announcement. Life insurance for HIV-positive Canadians In April 2016, Manulife Insurance of Waterloo, Ontario became the first company in Canada to make life insurance an option for H ..read more

If you’re thinking about investing in life insurance, you’re making a smart choice. Life insurance is a wise investment and one that you’ll be thankful for when it matters most. Things happen and unfortunately they happen to good people all the time. Being prepared By imagining that the unthinkable can in fact happen, such as a tragic, sudden loss of life, or a natural death that occurs at old age or earlier than expected, we can better plan for the financial security of our loved ones left behind. Life insurance is particularly important for anyone with a dependent spouse, children, or oth ..read more