Do you have a term life insurance policy you no longer want? Many people purchase life insurance but then make other arrangements in the future – perhaps you have changed jobs, and your new employer offers life insurance, or you’ve gotten married and purchased new policies with your spouse. Whatever the reason, many people find...

Structuring your business can be challenging, and there are many points to consider when protecting your investment. The sudden death or disability of a key shareholder could drastically change or even destroy the business. It is vital to protect your business against this possibility. Using a buy-sell agreement is one way to do this. Buy-sell...

Small businesses and large corporations can have lots of employees, and they are all important to the functioning of the business. However, there are generally a handful of workers, referred to as a key person, that are integral to the business’s daily operations. To put it simply, without them, the business could not function at...

You know you are adulting when you buy your first insurance policy for your car or apartment. It is a whole new world learning about insurance and how to protect your hard-earned things from loss or theft. Your paycheck must stretch to cover all your new expenses, and it is hard to learn to budget...

Having life insurance can help guarantee your family will be financially stable after your passing. But you can only make sure they get the money they need by naming them as your beneficiary. This is the individual or group of people who will receive money from your life insurance policy after you die, also known...

A life insurance payout will help you and your family pay for burial arrangements and other living expenses without financial worry. Therefore, you should learn the easiest ways to make a claim on the policy while everyone is healthy enough to ask the right questions and put the proper protections in place.   What do...

As a business owner, you are familiar with juggling lots of balls in the air at once. You handle all day-to-day operations of your business while making plans for the future with new growth and business opportunities. And you do all this while enjoying your life with your family. One thing you may not have...

Deciding to purchase life insurance is a smart and caring one. It means taking control of your financial future and planning for your family’s needs. There are many options for life insurance, though, and you may be wondering where to start and just how life insurance works in Canada. Read on to learn more about...

St Catharines is the largest city located in the Niagara Region. With such a large and growing population, there is an ongoing need for accurate and useful life insurance information. Many policyholders wonder if it is possible to transfer policy ownership or if someone can take over an existing policy. This article will take a...

If you are named the beneficiary in someone’s life insurance policy, you may wonder what impact receiving the proceeds from the policy will make on your tax return. Will you have to pay taxes on the proceeds or report receiving the death benefit on your taxes? How much of an effect will it have on...