Canadian LIC | Affordable Insurance Policy Providers in Canada

  Universal Life Insurance policies provide something that most other traditional policies can't—flexibility. But when you add in the secondary potential for market-based gains through indexing, you have Indexed Universal Life (IUL) insurance. For Canadians wanting to create long-term value through a life insurance product, having an understanding of how to maximize their IUL coverage is imperative. This manual provides a concise, no-nonsense explanation of how to maximize your indexed Universal Life Insurance policy and why it is important to be mindful of Universal Life Insurance Plans, Universal Life Insurance premiums, and the design of Universal Life Insurance protection in making a big impact over the long haul. Understanding the Basics of IUL An Indexed Universal Life (IUL) policy combines life insurance protection with a cash value component that earns interest based on the performance of a market index (like the S&P 500). Unlike investing directly in the market, you...

Well, Canada is a country of vast territories and breathtaking beauty; it's pretty ideal for outdoor enthusiasts or adventure seekers. From hitting the slopes to browsing into the wild for potentially thrilling outdoor sports, there certainly isn't a lack of high-risk activities to get involved with. But suppose you are visiting Canada and looking forward to skiing, snowboarding, rock climbing, or scuba diving for your adventure sports. In that case, you may ask whether or not your visitor insurance will cover these high-risk activities. Many people ask: Will my visitor insurance cover these adventurous activities? In order to help answer this question and provide some insights, we are going to explore what a high-risk activity is, how visitor insurance normally works, and the different Visitor Insurance Coverage Plans available that may offer the protection you need. What Are High-Risk Activities? High-risk activities High-risk activities are popularly known as extreme sports ...

Most people commonly associate Life Insurance with money available to dependents after children, spouses, or any other family members who rely upon your income. What if one has no dependents? Does it mean that Life Insurance does not make sense? The short answer is yes, and there are many reasons why carrying a Life Insurance Policy still makes good financial sense, even if you don't have anyone directly, depending on your income. In this blog, we are going to delve into the key reasons why Life Insurance is important to individuals who do not have dependents and how it can really benefit you in different aspects. Covering Funeral and Final Expenses One of the most fundamental yet crucial reasons to carry Life Insurance, even without dependents, is to pay your funeral and final expenses. Surprisingly, one might discover just how costly a funeral can be in Canada, often costing between $5,000 and $15,000 or more, depending on the level of expense you leave behind for your family. I...