Own Occupation Disability Insurance: A Guide for Professionals

Own Occupation Disability Insurance: A Guide for Professionals

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...
TFSA Contribution Limit 2026: Calculate Your Room and Avoid Penalties

TFSA Contribution Limit 2026: Calculate Your Room and Avoid Penalties

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...
Corporate Owned Life Insurance: A Canadian Business Guide

Corporate Owned Life Insurance: A Canadian Business Guide

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...
Segregated Funds vs Mutual Funds: What Canadian Investors Need to Know

Segregated Funds vs Mutual Funds: What Canadian Investors Need to Know

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...
Key Person Insurance for Canadian Business Owners

Key Person Insurance for Canadian Business Owners

by Frank Restorick | Aug 6, 2026 | Life Insurance

Key person insurance is a company-owned life or living-benefits policy that puts cash directly into your business if a critical employee or owner dies, suffers a serious illness, or becomes disabled. The company pays the premiums, the company is the beneficiary, and...
Immediate Financing Arrangement: Fast Cash for Canadians

Immediate Financing Arrangement: Fast Cash for Canadians

by Frank Restorick | Aug 5, 2026 | Life Insurance

When you need cash fast in Canada, the fastest viable routes are: your existing bank line of credit or emergency loan (same-day decision for established customers), same-day online personal or business loans, invoice factoring or merchant cash advances for businesses...
« Older Entries
Next Entries »