Personal Wealth
Man Kneeling In front Grave Holding Flowers

Term vs. Permanent Life Insurance

Term, Permanent, Whole Life, Universal Life, Participating, Variable, Joint. There are so many variations of life insurance that it can become extremely confusing, very quickly. To keep things simple, there are essentially two types of insurance: term insurance and permanent insurance.

Personal Wealth
Dad Young Daughter Sitting Having Fun

Life Insurance for Millennials

Life insurance protects your human capital. While human capital is not normally included in your net worth statement, it’s still a big asset. Protecting that asset is important. If you don’t have enough assets to cover those potential expenses, life insurance is a tool to protect your loved ones and ensure their standard of living doesn’t fall significantly if you passed away.

Personal Wealth
Canada-Montreal-Peel

Life Insurance: What kind should you buy?

The insurance industry makes it very easy for us to separate ourselves from our money. If you’re not careful, you can easily find yourself with far more of the wrong type of insurance than you need. If it’s any consolation though, you will have made your insurance broker really happy.