by Frank Restorick | Oct 10, 2026 | Life Insurance
Most beneficiaries receive life insurance proceeds within 7 to 14 days once an insurer has a complete claim, though 2 to 6 weeks is a more typical range once verification and administrative review are factored in. Cases involving investigations, estate routing, or...
by Frank Restorick | Oct 9, 2026 | Life Insurance
Term life insurance is the right primary choice for most people because it pays out for death from nearly any cause, subject to standard policy exclusions. Accidental death (AD&D) insurance only pays when death results from a covered accident, which makes it a...
by Frank Restorick | Oct 8, 2026 | Life Insurance
A rider is an optional add-on that tailors your disability policy. It is useful for specific risks but never a substitute for a sufficiently large base monthly benefit. The riders you’ll see most often are own-occupation, partial or residual, cost-of-living adjustment...
by Frank Restorick | Oct 7, 2026 | Life Insurance
Low-cost, do-it-yourself index investors usually come out ahead with ETFs, while investors who want automatic contributions and ongoing advice often do better with mutual funds. The gap narrows inside a TFSA or RRSP, where registered status removes most tax...
by Frank Restorick | Oct 7, 2026 | Life Insurance
For short-term emergency cash, a regular savings account wins on simplicity. For tax-free investing and medium- to long-term goals, a TFSA usually comes out ahead. The Canada Revenue Agency sets the 2026 TFSA annual contribution limit at $7,000. Keep reading:...