Category Archives: Life Insurance Riders

More Universal Life Thoughts

Viagra online I’ve previously commented on Universal Life Insurance but wanted to expand on that a bit. Universal life insurance in Canada belongs to the permanent insurance category. Typically you would consider universal life if you’re looking at life insurance needs for the rest of your life – forever. i.e. you know today you want… Read More »

Five common mistakes when buying life insurance

Viagra Online Here are perhaps the five most common mistakes consumers make when buying life insurance. Avoid them, and you’ll be better off (and have more money in your pocket). Failing to shop around on price. Agents and brokers all have their own favourite companies they promote and sell. But does company matter? For most… Read More »

Renewable and Convertible Term – The Conversion Priviledge

I’d previously covered the ‘renewable’ part of Renewable and Convertible (R&C) term life insurance. In this post I’m going to discuss the convertible part of the product. First, this conversion priviledge is essential. I never recommend a term policy that does not have this. While most companies offer this on their term insurance policies a… Read More »

Children’s Protection Rider (CPR)

There are four common riders available on life insurance policies. In no particular order they are Accidental Death Benefit, Guaranteed Insurability Option, Disability Waiver of Premium, and Children’s Protection Rider (CPR). Out of all of those, CPR is the only product I routinely recommend. In most cases putting life insurance on children doesn’t make financial… Read More »