Insurance Library

Welcome to the Life Insurance Canada Glossary. Here you will find the definitions of most the insurance terms found on our website.

What is cheaper term or whole life insurance? We run the numbers to find out.

Are you a smoker? This will impact your life insurance premiums, however there are a number of ways to minimize this. Smoking definition It’s important

Pilots often are concerned that their avocation or hobby will translate into higher life insurance premiums. Thankfully that is not normally the case. In most

If a loved one has passed away you may now be wondering how to claim life insurance.

Naming a beneficiary for your life insurance policy may seem straightforward but there’s some gotcha’s that you should be aware of.

In the confusing world of life insurance whole life dividends are at the top of the ‘what the heck is that all about?

Universal Life insurance in Canada is one of the more confusing life insurance products on the market. However if you remove the marketing hype, it’s

When buying life insurance there’s a few simple rules of thumb you can implement to help ease the confusion and reduce the probability of purchasing

Not all life insurance brokers are equal. In fact not all life insurance salespeople are created equal.

Scuba diving is perceived as a high risk activity by many life insurance companies. How can you avoid or mitigate their concern? The answer is