Term Life insurance is probably the most popular type of life insurance policy sold in the Canadian Life Insurance market. There are many reasons for that which I will go over in this article. Many of our customers like term insurance because it is a very cheap way to get a large amount of life insurance very quickly. I mean, how else would you be able to get 500,000 worth of life insurance for $20 per month (in some cases)? Even the insurance companies like term life insurance but their reasons are a little different. Statistics will show Read more [...]

Here I will be talking about some interesting ways on how to get the competitive term insurance quote on or off line. A lot has been said about term life insurance quotes, and there is certainly enough places to get good term quotes. All you have to do is just open up your daily newspaper and I’ll bet you anything that there will be several ads that advertise term insurance quotes. They will probably even have a chart where he can match your age to the amount of coverage and you can figure out how much term insurance should cost for you. Chances Read more [...]

When buying anything online, the most important part of the buying process will be the research you do before you actually purchase the product you are looking for. The beauty about the Internet is that there is so much information available, that it is very easy to become well-informed. I’ll even go as far as to say that you can become an expert on any subject thanks to the Internet There is a lot of information about life insurance online, so buying insurance online in my opinion will not be a hard process. When I first considered selling Read more [...]

When selecting an insurance company to do business with, there are several factors that need to be considered. While the cost of the insurance is on up there on the priority list, something even more important than that is selecting an insurance company that has the lowest yet highest quality insurance premiums. Here are the factors, or at least a few of the most important ones, that you should consider when selecting the right insurance company for you: The Product Offered Consider the types of products that are offered by the insurance company. Read more [...]

If you are 50 years of age or older, buying life insurance may be a bit different than when you were 30. Part of it is, at around age 50, the price for life insurance seams to really spike up. At the same time, your needs have changed from when you were younger, and chances are that you may need a different kind of life insurance policy at age 50. When you were younger, you probably had a large mortgage, you had children that were dependent on you, and you need a lot of life insurance to cover those needs, should you have been taken out of Read more [...]

Life Insurance for children is a bit of a controversial subject. The problem I believe is that some parents of children feel bad about thinking that something like that could happen to their child. As a parent myself, I can surely sympathize with them. The question perhaps is not whether children should have life insurance, but rather how much life insurance should a parent buy on the kids. What are the options in Canada for children’s life insurance? There are 3 things that I have seen life insurance brokers do for kid’s life insurance: 1. Read more [...]

To make a claim on someone’s life insurance policy is very simple. All you have to do is provide the death certificate, the funeral certificate and the claim form, and several days or weeks later you will be paid a claim. A lot of my client ask me about this, some of them are concerned that come claim time, there would be problems in collecting the life insurance proceeds. That is a valid concern, we’ve all heard one horror story or another of how some poor sap didn’t get paid by an insurance company. Heck, John Grisham made a carrier out Read more [...]

The benefits of life insurance are really and truly priceless. When you think about it, where else can you pay a small monthly premium, say $15 per month, and create an instant estate of $250,000 that would be paid out to your wife and kids in the event of your premature demise? There is no other way to do this. I have been told all kinds of crazy things in my carrier as a life insurance agent. Every once in a while some guy will say “well, I would be better off to put that money in the bank, then waste it on life insurance benefits”. I tell Read more [...]

Is it better coming from an insurance broker, or from an insurance company representative? When it comes to advice on anything, whether it is on your investments, your family, and even on your life insurance, you must be very careful about who is giving the advice and what are his/her motives. I used to work for an Insurance company back 20 years ago, when I first started in the life insurance business. Back then there was no life insurance brokers, everybody just worked for one company, that’s it. We were trained on that company’s products Read more [...]

With raising a family and running a business getting ever more expensive these days, shopping and comparing prices for thing you are about to purchase becomes more and more important. Life Insurance is no exception, just like when you are doing a comparison between different models of cars if you were shopping for a new vehicle, or comparing lenders and rates when shopping for a mortgage, it is equally important to compare Life Insurance Premiums and Companies. The best and easiest way to compare life insurance quotes is by using a life insurance Read more [...]