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How a Rise in Life Expectancy Impacts Your Life Insurance

Canada has one of the highest life expectancies in the world, at 82 years on average. Learn how this affects the life insurance industry and your premiums.

Navigating Life Insurance in Prenups: Dos and Don’ts

Including a life insurance policy in your prenup can have complicated legal implications. Learn how to align your insurance needs with your prenup.

Using Life Insurance as a Capital Gains Relief

Capital gains tax can be a significant financial burden to your family when you pass. Learn how life insurance can offset the costs of this tax.

Process of Looking Up Someone’s Life Insurance Records

Your loved one’s life insurance benefit can help lighten your burden after their passing. Learn how to find out if they had a policy and what you can do with it.

How to Get Life Insurance as a Newcomer to Canada

Newcomers to Canada can get life insurance to secure a financial future for their loved ones. Learn about the process and things you might want to consider.

Navigating Life Insurance in High Interest Rate Environment

You can benefit from higher interest rates because many life insurance policies have higher yields. Visit our article to learn more.

Renewable vs Convertible Term Life Insurance

Should you get renewable or convertible term life insurance? Or should you get both? Visit our article to learn what options suits you best.

Taking Over Life Insurance Bought By Your Parents

What should you do when your parents ask you to take over a life insurance policy they bought for you? Learn more about your options.

Canadians Are Buying More Life Insurance

Life insurance policy applications in Canada have steadily risen in the last year. View our analysis on the life insurance industry growth in 2024.

Pros & Cons of Owning Multiple Life Insurance Policies

Do you feel you’re not getting enough from your life insurance coverage? Learn the benefits and challenges that come with owning multiple policies.

Costly Life Insurance Mistakes Seniors Should Avoid

Avoid common mistakes seniors make when buying life insurance. Learn how to choose the right coverage amount, and where to get advice.

How Final Expense Insurance Works

Final expense insurance can be extremely helpful, but it’s important to know all the details before you commit. Click through to learn more.

Canadian Smoking Rates & Life Insurance

The number of cigarette smokers in Canada decreased by 18.79% since 2019 – more than double the previous decline. Read on to learn more.

Life Insurance & Inflation: Do You Have Enough Coverage?

Inflation affects every facet of daily life, including the value of your life insurance policy. Learn more about how inflation interacts with life insurance.

Making the Most of Your Variable Life Insurance

Looking for a flexible insurance policy that can help you meet your financial goals? Learn how variable life insurance can be used to your advantage.

Understanding Life Insurance Options for Couples

What’s the best life insurance plan for a married couple? Does having children affect your life insurance needs? Read on to learn more.

Is My Work’s Group Life Insurance Enough?

Not sure if your group policy is enough? Read on to learn how an individual life insurance policy can complement your work-sponsored coverage.

We’re Having a Child. Is It Time to Get Life Insurance?

Should new or expecting parents get life insurance? Learn about the benefits of life insurance coverage and additional riders for young parents.

Surging Healthcare Costs: Impact on Life Insurance

Discover how the rising costs of health insurance in Canada are affecting family budgets and how life insurance can act as a safeguard.

Why Should You Buy Life Insurance At a Young Age?

Learn why getting life insurance as a young adult can help you get lower rates and provide for your loved ones’ financial future.

Life Insurance Coverage Falls Short Across Canada

Life insurance policyholders in key provinces are underinsured, leaving significant gaps between recommended and actual coverage. Read on to learn more.

A Guide to Selling Your Life Insurance Policy in Canada

Life insurance policies can demand expensive upkeep. Learn how to sell your life insurance policy as a financing option.

Can I Buy U.S. Life Insurance if I Live in Canada?

Buying life insurance in the U.S. as a foreign national poses unique benefits. Learn whether you can buy U.S. life insurance if you live in Canada.

Opinion: Life Insurance As a Wealth Transfer Tool

Canadians looking to transfer wealth across generations can leverage life insurance policies. Learn how it benefits estate planning.

Infinite Banking Concept in Life Insurance Explained

Borrowing money without applying for a traditional loan is possible through your life insurance policy. Learn how the infinite banking concept works.

Supplementary Death Benefit Explained

Supplementary death benefit can be a viable alternative to term life insurance, and can help secure your family’s future. Click to discover more!

Canada’s New Federal Dental Care Plan Explained

The Canadian Dental Care Plan (CDCP) is designed to fill coverage gaps for Canadians who don’t have access to dental insurance. Read on to learn how it works.

Get Real-Time Life Insurance Quotes With MyChoice’s AI Agent

Learn about our latest invention – first publicly available AI agent that lets you get real-time life insurance quotes.

How Smoking Affects Your Life Insurance Rates

Find out why you should disclose your smoking habits, who’s considered a smoker by insurers, and how lying affects life insurance applications.

Pharmacare Act (Bill C-64) Impact on Life Insurance

The Pharmacare Act is meant to make prescription drugs more accessible and affordable in Canada. Learn how this can impact your life insurance policy.

Life Insurance for Parents in Canada: Can You Buy It, and Is It a Good Idea?

Yes, you can buy life insurance for your parents in Canada. However, there are some differences from getting insurance for yourself. Click through to learn more.

What are Life Insurance Trusts & How They Work

Life insurance trusts give you control over how and when your policy is distributed. Click through to learn the benefits of these trusts and if they’re worth setting up.

Ontario Cremation Costs & Life Insurance

Understand cremation costs and life insurance options in Ontario. Explore average prices, ways to save on services, and find reputable providers.

Reasons Why a Life Insurance Policy Won’t Pay Out

Dive deep into the circumstances where life insurance claims in Canada may be denied. Read on to learn more.

Beneficiary of Will in Ontario: How it Works

Read our guide to learn what it means to be a beneficiary of will in Ontario and why it is important in the context of your life insurance policy.

Is Return of Premium the Right Financial Strategy for You?

Return of premium life insurance refunds your premiums if you outlive the policy. But is it worth the higher costs? Are there alternatives? Click through to find out.

Buy Sell Agreement: What is it and How it Works

Learn about buy-sell agreements and their significance in the business landscape, and how getting life insurance benefits them.

Mortgage Insurance or Life Insurance: Which One Fits You Better?

You can choose either life insurance or mortgage insurance to ensure your home mortgage gets paid. Click through to learn which one is the right choice for you.

Understanding Accidental Death and Dismemberment Insurance

Accidental death and dismemberment insurance can be a vital safety net for those in high-risk occupations. Click through to learn more.

Should You Get Critical Illness Insurance?

Visit our article to learn about the intricacies of critical illness insurance, its pros and cons, differences from life insurance, and more.

When Can You Receive a Life Insurance Payout?

Read our article to learn what life insurance beneficiaries should anticipate and the various factors that affect the timing of life insurance payouts.

Guide to Cash Surrender Value of Life Insurance

If you choose to terminate your life insurance policy, you can withdraw accumulated cash value, known as the cash surrender value. Read on to learn more.

How Does Age Affect Life Insurance Rates?

Learn about the age’s critical role in shaping life insurance premiums and uncover the stages of life when life insurance rates typically increase.

Revocable vs Irrevocable Life Insurance Beneficiary

After deciding to invest in life insurance, selecting between a revocable and an irrevocable beneficiary is the next step. Read on to learn more.

Life Insurance for Diabetics: Coverage Guide

Learn about the nuances of obtaining life insurance for diabetics, differences between policy types and the influence of diabetes on premium rates.

Life Insurance While Pregnant: What to Know

Life insurance during pregnancy is a strategic decision, ensuring financial security for your family. Read our article to learn more.

What is an Attending Physician Statement (APS)?

Read our article to learn what exactly an Attending Physician Statement (APS) is, and why it plays a pivotal role in the life insurance process.

Does Life Insurance Cover Suicide in Canada?

In Canada, suicide affects individuals from various walks of life and age groups. Learn about the intricacies of life insurance policies in cases of suicide.

Life Insurance: Is It Tax-Deductible? A Guide for Canadians

Understanding the tax implications of life insurance can be complex. Read our article to learn whether life insurance premiums are tax deductible in Canada.

Borrowing Against Life Insurance: Is It a Good Idea?

Looking for ways to secure your financial future? One such avenue is borrowing against your life insurance policy. Read on to learn more.

Cash Value Life Insurance Policy: How it Works

Life insurance can be an investment opportunity if you have a cash-value life insurance policy. Learn more about cash value of life insurance and how it works.

Is Life Insurance a Scam?

Life insurance isn’t a scam, it protects you and your loved ones. However, life insurance scammers do exist. Click through to learn more.

Reasons Not to Buy Life Insurance

As it turns out, there are some instances where buying life insurance isn’t the best idea. Read on to learn more about the reasons not to buy life insurance and check out the best alternatives for a life policy.

Why Life Insurance Is Important

Why is it important to have life insurance? In this article, we dive deeper into why life insurance is important. We also cover essential information about life insurance, like who should get a policy and how to get one.

Is Whole Life Insurance a Good Investment?

Whole life insurance can be a good investment if it meets your needs and aligns with your financial goals. Read on to lean more.

Is Life Insurance Worth It?

Have you ever wondered, “Should I get life insurance, and is it worth it?” You’re not alone – many people weigh their options, especially after seeing what life insurance policies can cost. Read our article to learn more.

Can Life Insurance Be Used As An Investment?

Is life insurance an investment? Yes, it can be. But is it a good investment? Read on to find out.

How To Find Out If Someone Died in Canada

There are many ways to find out if someone died in Canada. There are just as many reasons as well. Read on to learn about the process.

Whole Life Insurance vs Universal Life: Which Is Right for You?

Whole life insurance and universal life differ in cost, returns, and flexibility. Click through to compare which policy type is best for you.

How Much Does a Funeral Cost in Canada in 2025?

Funerals can be very expensive without the right planning, learn everything you need to know about burial costs, payment options and more.

Term vs Whole Life Insurance: Which Is Right for You?

Choose a life insurance policy that suits you the best, check out our comprehensive comparison between term and whole life insurance.

Is Life Insurance Taxable in Canada?

Life insurance in Canada generally isn’t taxable, but this can vary by policy, learn more about taxes on Canadian life insurance here!

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