by Frank Restorick | Aug 22, 2026 | Life Insurance
For most Canadians, a properly drafted will is the starting point. Add a trust when you need ongoing control over how money gets used, privacy from public probate records, or protection for business shares and complex assets. The Canada Revenue Agency’s rules on...
by Frank Restorick | Aug 21, 2026 | Life Insurance
Yes, you can replace a life insurance policy, but the rule that matters more than any other is this: never cancel the old one until the new policy is officially in force. Replacing means trading your current coverage for a new policy, and it comes with real...
by Frank Restorick | Aug 20, 2026 | Life Insurance
Business overhead expense insurance reimburses your fixed operating costs, like rent, payroll, and utilities, when you become disabled and cannot work. It does not replace your personal income. That distinction trips up more buyers than any other feature of this...
by Frank Restorick | Aug 18, 2026 | Life Insurance
For most incorporated Canadian business owners over 40 with stable T4 salary, an Individual Pension Plan (IPP) delivers more tax-sheltered retirement savings than an RRSP. RRSPs still win in two common situations: You’re under 35 to 40, where RRSP flexibility and...
by Frank Restorick | Aug 18, 2026 | Life Insurance
Most life insurance policies above a modest coverage amount require a paramedical exam, a short health screening the insurer pays for and schedules on your behalf. It’s not a doctor’s visit. It’s a 20 to 45 minute checkup, often at your kitchen table, that gives an...
by Frank Restorick | Aug 17, 2026 | Life Insurance
Participating life insurance is permanent life insurance that pairs a guaranteed death benefit with a share of the insurance company’s profits, paid out as annual dividends. Every dollar you put in builds two things at once: guarantees the insurer cannot walk back,...