Latest news in Life

Why clients should consider long-term care insurance

The cost of long-term care

Remind clients to buy insurance for March Break getaways

Clients planning a March Break getaway?

  • By: Staff
  • March 5, 2015 September 10, 2018
  • 15:00

Gen X and Y overlooked by life insurers: EY

Exploring this underserved market will help insurers grow

  • By: Staff
  • February 26, 2015 September 10, 2018
  • 10:53

How insurers can better connect with clients

Only 59% of Canadian consumers have faith in life insurance companies, finds an EY survey.

  • By: Staff
  • January 27, 2015 August 21, 2018
  • 11:24

Canadians unprepared for financial impact of disabilities

Most Canadian workers would suffer severe financial hardship if they were forced out of work with a disability.

  • By: Staff
  • January 20, 2015 August 21, 2018
  • 09:48

Get help managing funds of minors, disabled clients

If families are struggling with estate and trust litigation, or with assisting an incapacitated relative, they can get help.

  • By: Katie Keir
  • January 16, 2015 August 21, 2018
  • 14:00

Few Canadians buy disability, LTC insurance

Most Canadians buy life insurance, but many hold off on other coverage purchases

  • By: Staff
  • December 1, 2014 September 10, 2018
  • 10:08

How to insure risk junkies

Those who like adventure need special insurance

  • By: Grant Ostir
  • November 26, 2014 September 8, 2018
  • 05:59

Canadians think they need $266K in life insurance

This amount, however, varies depending on a client's personal situation, finds a BMO Insurance study.

  • By: Staff
  • November 25, 2014 August 21, 2018
  • 09:25

Travel insurance saved Canadians $138M

The vast majority of Canadians who purchased individual travel health insurance policies had their claims paid.

  • By: Staff
  • November 25, 2014 August 21, 2018
  • 09:15

Should clients have adjustable insurance policies?

Adjustable insurance policies should offer value to consumers beyond simply addressing the desire to sign up for a new policy when premiums drop.

A misconception about whole life insurance

Many advisors don’t realize that Whole Life insurance policies can be either participating (par) or non-participating (non-par).

Gift life insurance, get tax credits

As gifting insurance policies becomes more mainstream, look to add value to any clients who want to lapse policies.

How firms should account for life insurance

Using Aco. Corp as an example, we demonstrate how a firm should enter corporate-owned life insurance on its balance sheet.

An alternative asset mix may suit conservative clients

Historic low rates have made guaranteed interest accounts less attractive. But new alternatives mean investing within a universal life (UL) policy shouldn’t be written off.

How to handle policies you didn’t sell

You don’t need to have all the answers immediately

Give the gift of life

A client called me earlier this year with a strange question. He wanted to know if donating an organ or a piece of an organ…

Check clients’ insurance before travelling

For some clients, vacations can turn into financial nightmares. People may fall ill overseas, think they’re covered by their travel insurance, but then discover their…

Calgary Flames’ Matt Stajan talks money management

Calgary Flames centre Matt Stajan on finding an advisor

Help clients with disabilities

One-in-three workers will experience a period of disability that lasts more than 90 days. See how one advisor helps these clients.

  • By: Staff
  • September 23, 2014 August 21, 2018
  • 10:26

Leverage insurance policies for yield

Use immediate leveraging with insurance in a low-rate environment.

Handling life insurance proceeds

Advisors often recommend life insurance based on the fact that it’s easy for heirs to collect policy benefits. But executors, known as estate trustees in…

Canadians question effectiveness of insurance

Canadians aren’t convinced that their life insurance policies will be there for them in times of need, says a BMO Insurance survey.

  • By: Staff
  • July 16, 2014 August 21, 2018
  • 09:52

Insurers make business easier for advisors

Great-West Life, London Life and Canada Life are making changes that'll help streamline new insurance applications and processing.

  • By: Staff
  • July 15, 2014 August 21, 2018
  • 05:59

Insurers shouldn’t ask for genetic test results

The Office of the Privacy Commissioner of Canada is urging the life and health insurance industry to call on its members to refrain from asking…

  • July 10, 2014 August 21, 2018
  • 11:51