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Term Life Insurance

Which Option Reigns Supreme: Term Insurance or a Money Back Policy?

Did you know that a significant 60% of Canadians are underinsured when it comes to Life Insurance? This means that many may not have sufficient financial protection for their loved ones.

Categories
Term Life Insurance

What is the maximum duration for a Term Life Insurance policy?

 When considering the financial security of our loved ones, insurance presents numerous options. Term Life Insurance, known for its coverage over a set period, is widely favored.

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Universal Life Insurance

What’s the Duration for Paying Premiums in Universal Life Insurance?

Understanding Universal Life Insurance is crucial for securing the financial well-being of your loved ones, a priority shared by many Canadians. Universal Life Insurance offers a dual benefit of both a death benefit and a savings component, making it a highly sought-after option for long-term financial protection.

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RRSP

What do Unused RRSP Contributions Mean?

In Canada, the Registered Retirement Savings Plan (RRSP) enables savvy individuals to save for the future wisely. It offers tax advantages, letting you stash a portion of your income for a comfortable retirement.

Categories
Term Life Insurance

Which Policy Reigns Supreme: Term Insurance or Money Back?

Did you know that a staggering 60% of Canadians are underinsured when it comes to Life Insurance? It’s true. Many people lack adequate financial protection for their loved ones, highlighting the importance of understanding different insurance options.

Categories
Child Education Insurance

How much should I aim to save for my child’s education in Canada?

Navigating the costs of your child’s education in Canada can prove challenging. Given the rising tuition fees and living expenses, it’s crucial to start early and adopt a strategic approach to saving. But what’s the right amount to save?

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Million Dollar Life Insurance

What is the monthly cost of a one million dollar policy?

Many of us tend to avoid contemplating the future, especially our absence from it. Yet, it’s crucial to plan ahead, particularly regarding the financial security of our loved ones.

Categories
RESP

What occurs to your RESP if you depart Canada?

The Registered Education Savings Plan (RESP) in Canada offers parents and guardians a valuable means to save for their children’s higher education. However, life’s uncertainties may lead to situations where leaving Canada becomes necessary.

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Life Insurance

Is it possible to obtain Critical Illness Cover independently of Life Insurance?

Discovering the right insurance coverage is crucial for safeguarding your financial future and your loved ones, particularly in Canada. A common query often revolves around obtaining Critical Illness Insurance without bundling it with a Life Insurance policy.

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international student insurance

Does insurance cost more for international students?

Are international student insurance in canada pricier? Is travel insurance for students studying abroad an expensive endeavor? These are typical queries pondered by international students preparing for their educational ventures in Canada.