Life Insurance Learning Center

Drug use can impact your ability to get life insurance. Find out how past drug use can affect your life insurance premiums and eligibility.

Searching for the best life insurance policy? Check out our list of Canada’s Top Term Life Insurance Companies to make the right choice.

Insurance companies use the application process to get to know your health and lifestyle factors so they can assess the financial risk to insure you.

A return of premium (ROP) rider on critical illness insurance allows you to receive a refund of premiums if you don’t make a claim during the policy term, providing a sense of financial security. It adds flexibility to your coverage by offering refunds upon expiry, death, or cancellation. However, the added rider significantly increases the policy cost, often by 30-50%.

Your coverage through work might not be as extensive as you hoped. Check out the facts on life insurance through group benefits.