Learn the ins and outs of collateral assignment in life insurance policies, how it secures loans, and what it means for your beneficiaries.

If getting the best type life insurance is on your current to-do list, read on to figure out which policy may be right for you and your loved ones. A little bit of knowledge can make a daunting task a ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. The two main types of life insurance are term and ...

Permanent life insurance is a type of life insurance policy that provides coverage for the entire lifetime of the insured as long as the premiums are paid. Unlike term life insurance, which offers ...

Twenty-two million Canadians have life insurance, according to a 2022 report from the Canadian Life and Health Insurance Association (CLHIA). The biggest reasons why we buy life insurance? To ensure ...

When the unexpected happens, your insurance policies are meant to act as a safety net to keep your wallet from feeling the brunt of life’s mishaps. Unfortunately, insurance policies do have their ...

Life insurance eligibility and rates are impacted by several factors, including your health. Since life insurance companies determine premiums based on risk, the healthier a person is, the cheaper ...

A straight life insurance policy is more commonly known as whole life insurance since it’s designed to last the policyholder’s lifetime. The premium does not change and beneficiaries typically receive ...