What is Whole Life Insurance? Understanding Protection for a Lifetime

Life is full of interruptions and complications, which is why you should have the right insurance policy in place to safeguard your family from unforeseen circumstances after your death. This type of policy involves fixed periodic premiums that are calculated based on the assumption that you will be able to retain the policy for your…

Mortgage Protection Insurance Tips

Many Canadians purchase mortgage protection insurance to be able to pay their mortgage in the event of illness, accident or death. Mortgage protection insurance alleviates mortgage payment obligations, avoids passing on the unexpected burden of a mortgage and essentially makes your home mortgage-free. The insurance benefits you, your spouse or partner and/or your dependents and…

What Insurance Do You Need When You Lose Your Job?

Nobody knows what the future holds, but when you have important holdings and responsibilities, you can at least try to prepare. Unemployment has become a much-talked about hurdle this past year and it hasn’t become any easier to deal with for those facing this harsh economic reality. Regardless of industry, experience level or location, every…

Tips for Making Mortgage Payments after Being Laid Off

Job stability and certainty are the privilege of very few individuals in today’s turbulent and constantly-evolving job market. Counting on your paycheck is a reality for most individuals, but becomes particularly important when you have a family to support and mortgage to pay. Whether you feel anxious about your current role or have recently purchased…