by Frank Restorick | Jul 29, 2026 | Life Insurance
For most Canadian homeowners in good health, personally owned term life insurance is the better choice over lender-offered mortgage protection insurance. It pays your beneficiaries directly, keeps the death benefit level, and typically costs less for equivalent...
by Frank Restorick | Jul 28, 2026 | Life Insurance
Critical illness insurance pays you a tax-free lump sum if you’re diagnosed with a covered serious condition — cancer, heart attack, stroke, and others — and you can spend that money however you need, no receipts required. Three things to know before you read further:...
by Frank Restorick | Jul 27, 2026 | Life Insurance
For most Canadian homeowners, the best mortgage protection insurance decision comes down to one question: can you qualify for a personal term life or disability policy? If yes, that route usually gives you better value and more flexibility. If not, or if you want a...
by Frank Restorick | Jul 27, 2026 | Life Insurance
For self-employed Canadians, the best disability insurance is an individual long-term disability policy with an own-occupation definition — one that pays benefits when you can no longer perform the specific work you do, not just any work. Association group plans and...
by Frank Restorick | Jul 25, 2026 | Life Insurance
Canada has no formal estate tax, but death still triggers a substantial tax bill. Under the Income Tax Act, every Canadian is deemed to have sold all capital property at fair market value the moment they die. That deemed disposition can generate a capital gains tax...