by Frank Restorick | Aug 11, 2026 | Life Insurance
A convertible term life policy lets you exchange your term coverage for a permanent policy, whole or universal life, without taking a new medical exam or proving insurability. That single feature is the whole point. Think of it as a built-in guarantee that your future...
by Frank Restorick | Aug 10, 2026 | Life Insurance
Own occupation disability insurance pays you benefits when you can no longer perform the material and substantial duties of your specific job before the disability began. For physicians, surgeons, dentists, and other high-earning specialists, it is generally the...
by Frank Restorick | Aug 9, 2026 | Life Insurance
The TFSA contribution limit for 2026 is $7,000. Your actual available room, though, is almost certainly higher than that. The full formula: available room = $7,000 + unused room from prior years + withdrawals made in 2025 − contributions made so far in 2026. Get that...
by Frank Restorick | Aug 8, 2026 | Life Insurance
Corporate owned life insurance (COLI) is a policy where your corporation is the owner, premium payer, and beneficiary — not you personally. The insured is typically a key employee, business partner, or owner-operator. When that person dies, the death benefit flows to...
by Frank Restorick | Aug 8, 2026 | Life Insurance
Mutual funds are the lower-cost default for most Canadian investors. Segregated funds cost more but add something mutual funds legally cannot: guaranteed minimum returns at maturity or death, creditor protection when a preferred beneficiary is named, and a probate...