Blogs

Statutory Versus Contract-Law Trusts: Understanding The Differences

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Statutory Versus Contract-Law Trusts: Understanding The Differences

There are many ways in which entrepreneurs can protect themselves and conduct business, such as through a limited liability company, S corporation, C corporation, trusts, etc. When conducting business, people most commonly use one of those first three structures. For business owners looking for adva...

Top Reasons Why People Buy Term Life Insurance

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Top Reasons Why People Buy Term Life Insurance

These days, most families are two-income households.

That describes 61.9% of U.S. families as of 2017¹ and 69% of Canadian families as of 2015.² If that describes your family (and the odds are good), do you have a strategy in place to cover your financial obligations with just one income if you or yo...


Is Survivorship Life Insurance Right For You?

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Is Survivorship Life Insurance Right For You?

A survivorship life insurance policy is a type of joint insurance policy (a policy built for two).


You may not have thought much about that type of insurance before, or even knew it existed. But joint policies, especially survivorship policies, are important to consider because they can provide for h...


Why You Should Care About Insurable Interest

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Why You Should Care About Insurable Interest

t’s simply the stake you have in something that is being insured – and that the amount of insurance coverage for whatever is being insured is not more than your potential loss.


To say things could become a bit awkward might be an understatement if your insurable interest isn’t considered before you’r...


Don't Panic: What You Need To Know For Your Life Insurance Medical exam

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Don't Panic: What You Need To Know For Your Life Insurance Medical exam

I don’t know about you, but most people don’t like exams – either taking one or having one done to them.

But there’s no need to panic over your life insurance medical exam (yes, you’re probably going to have one). I’ve got some steps you can take before the “big day” to help prevent readings that may...