
Navigating Tax Deductions for Life Insurance Premiums
Blog, Insurance, Life InsuranceConsidering that the proceeds of a life insurance policy are received tax-free upon the death of the life insured, it is not surprising that the premiums for the policy are not tax deductible. There are two circumstances, however, where premiums would be deductible for income tax purposes...

Strategies for Multi-Generational Planning
Blog, Critical Illness Insurance, disability, Disability Insurance, Estate Planning, Family, Insurance, Life Insurance, long term careThe Sandwich Generation, coined by Dorothy Miller in 1981, describes adults caring for both aging parents and their own children. This dual responsibility is emotionally and financially draining. Effective financial planning is crucial, involving open discussions about family resources, life insurance needs analysis, disability and critical illness coverage, long-term care insurance, and drafting a living will. Addressing these issues can alleviate stress and ensure financial security for all generations.

Network of Professionals
Accountants, Blog, Business Owners, Center of Influences, Estate Planning, Family, farmers, financial advice, Financial Planning, incorporated professionals, individuals, Insurance, Investment, Life InsuranceAs a financial advisor, my primary goal is to help you achieve financial clarity by accessing a network of dedicated professionals. Together, we provide personalized advice and services to help you make informed decisions and secure your future. Think of me as your financial coordinator, ensuring every aspect of your financial life works smoothly.

Different types of life insurance explained
Blog, InsuranceWhether you already have life insurance or are looking to get some, it’s essential to be familiar with the four most common kinds of life insurance available. Getting the best type of life insurance for you ensures that you are getting the coverage you want while providing financial protection for you and your family. These are the four most common kinds of life insurance:
• Term life insurance
• Permanent life insurance
• Participating life insurance
• Universal life insurance

Basic Planning for Young Families
Blog, Family, Insurance, Life InsuranceAs a young family, you will be facing a lot of new challenges that you may or may not be prepared for along the way. Whether it’s children, a mortgage, or unexpected expenses that come up, now is the perfect time to start thinking about all the potential pitfalls that may arise.
In this article we want to share some of the ways that insurance can help you stay ahead of these issues, as well as how to prepare yourself for some of life’s obstacles that you and your family may face.
Is the Life Insurance Industry in Canada Stable?
Blog, Insurance, Life InsuranceGiven the problems encountered by some large financial institutions in the United States, how concerned should we be about the state of the life insurance industry in Canada?

Don’t Wait Too Long to Convert Your Term Insurance
Blog, Insurance, Life InsuranceIf you require permanent life insurance coverage for family, estate planning, business, or tax planning purposes or you just wish to accumulate money in your life insurance program it may be time to look at a permanent, level-cost solution.

Why Insurance Is So Important If You’re A Single Parent
Blog, Family, Insurance, Life InsuranceBeing a single parent is a lot of responsibility. Learn how the right types of insurance can provide you and your family with the financial protection they need.

Insurance Planning for Incorporated Professionals
Blog, Buy Sell, Critical Illness Insurance, Disability Insurance, Group Benefits, health benefits, incorporated professionals, Insurance, Life Insurance, Travel InsuranceFor incorporated professionals, making sure your business is financially protected can be overwhelming. Incorporated Professionals face a unique set of challenges when it comes to managing risk. Insurance can play an important role.

Group Life Insurance – Only Part of The Solution
Blog, Group Benefits, Insurance, Life InsuranceIf your goal is to replace income for your family for more than 2 years, you may want to add an individual policy to your group insurance coverage.
According to the same LIMRA study, on average, households with only group coverage can replace the household’s income for less than 2 years. Households with both group and personal life coverage can replace income for more than 5 years.