When we think of life insurance, we often see it as a safety net for our loved ones in case of death. However, what many don’t realize is that it can also be a powerful investment tool, particularly for business owners and entrepreneurs. When used wisely, universal life or participating life insurance is more than…
By Sheryl Smolkin and Sun Life Staff Chances are you’ve never considered the potential costs of long-term care. But as you get older, the odds of your needing that care will increase. You’re healthy now, and that’s great news. But what would happen if you developed a severe and disabling condition, a degenerative illness or…
By Joy Blenman / Sun Life You may be in the pink of health – or just going away for a day or two. But accidents can happen. Here’s what you need to know about travel insurance in Canada and abroad. Imagine you’re on vacation in the Caribbean. The sun is warm, the water…
By Farhana Uddin // Sun Life Think life insurance isn’t for you? You may want to think again. Whether you’re married, single, childless or a parent, are there people in your life who rely on you? If they could face financial hardship without you, you may want to help protect them with life insurance….
Just like financial markets and available products constantly evolve, your financial situation changes as well. That’s why it’s essential to regularly ensure that your financial plan remains aligned with your long-term goals. But how can you know if your strategy is still optimal? The answer may lie in a second opinion. The importance of regularly…
By Paul Moser Did you know that some life insurance policies have a cash value? You may be able to provide protection for your loved ones, and access this money. Learn more about cash value in life insurance and how it works. 22-million Canadians have life insurance coverage, according to the Canadian Life and Health…
By Kristen Mayne Do you need life insurance if you’re wealthy? Here are 8 ways you can use life insurance to help grow and protect your wealth. Life insurance is something everyone can benefit from. However, it’s especially important for those with a high net worth. It can help provide protection for your family, grow…
Travel Insurance That Covers Your Needs! There’s nothing better than escaping the constraints of everyday life by relaxing on the beach, hiking in a rainforest, or exploring our vast country. Whether you’re traveling alone or with your family, whether you plan one trip or multiple trips, it’s comforting to know that you have coverage in…
By Sylvie Tremblay and Sun Life Staff Think you’re too young for insurance? Here’s why you may want to reconsider. Building a financial plan can feel tricky, especially when you’re in your 20s or 30s and just starting out. It’s a time where you may be balancing many priorities, like paying debts and planning for…
What is critical illness insurance? Critical illness insurance(CII) is coverage that can help Canadians or those living in Canada pay the additional costs associated with life-altering illnesses like cancer, stroke, heart attack and dementia. Why do I need critical illness insurance? If you’re diagnosed with a covered illness, your critical illness insurance policy can help…