by Frank Restorick | Sep 18, 2026 | Life Insurance
Start with the Canadian Retirement Income Calculator, pull your CPP and OAS estimates, and add in your RRSP, TFSA, and workplace pension balances. Aim for roughly 60–80% of your pre-retirement income as your target, then run at least two or three scenarios that test...
by Frank Restorick | Sep 17, 2026 | Life Insurance
Simplified issue life insurance is generally the better deal if you can pass a short health questionnaire, since it typically comes with higher coverage limits and lower premiums. Guaranteed issue exists for the opposite case: no health questions, no possibility of a...
by Frank Restorick | Sep 16, 2026 | Life Insurance
As executor, your first job is to secure the estate’s assets, locate the will, and order certified death certificates. From there, you notify beneficiaries and the CRA, and you cannot distribute a single dollar until you have tax clearance. Expect the full process to...
by Frank Restorick | Sep 15, 2026 | Life Insurance
Every Canadian estate plan needs six things in place: a signed will, a power of attorney for property, a power of attorney for personal care, current beneficiary designations, a named executor, and a written inventory of what you own. Provinces vary on the paperwork...
by Frank Restorick | Sep 14, 2026 | Life Insurance
Whether you can deduct disability insurance premiums in Canada comes down to one question: who pays them? If you buy an individual policy with your own after-tax dollars, you get no deduction, but your benefit checks arrive completely tax-free. If your employer or...