Category: Life & Health Insurance
Information on using Life & Health Insurance in your Retirement planning
A net worth statement is a good tracking tool to implement. If you summarize your assets and liabilities on a regular basis, you can monitor your progression. It also helps you visualize your financial...
You might be thinking, “How can I make sure my final wishes will be respected?” One option is not to wait until your death to distribute your possessions, or to use alternate means of...
Number 2: To help pay off a mortgage or other debts If you share the home you own with your partner, children or other loved ones, life insurance can help pay off the balance...
“In general, life insurance is most necessary when you have dependents who would be impacted financially by your death,” says Lorne Marr, director of business development at Hub Financial and founder of LSM Insurance,...
We’re not just talking about planning their first birthday party or saving up for school with a registered education savings plan, either. It may be uncomfortable to think about, but it’s worth considering life...
Get personalized quotes from Canada’s top life insurance providers.All for free with ratehub.ca. Let’s get started.*This will open a new tab. Just close the tab to return to MoneySense. When the main objective is...
For more on how to choose between life insurance options, read our in-depth guide, “Term vs. whole life insurance: Which type of policy is best?” How much life insurance do you need? The answer...
Get personalized quotes from Canada’s top life insurance providers.All for free with ratehub.ca. Let’s get started.*This will open a new tab. Just close the tab to return to MoneySense. What is term life insurance?...
If you’re looking for a family plan, it is important to know this type of policy is actually a basic form of insurance with modifications and riders (amendments), such as a child rider. Since...
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