How Does The Coronavirus (COVID-19) Affect Life Insurance?
Has the rapid spread of the novel coronavirus got you thinking about life insurance?
You might be wondering if your existing policy covers you, or what happens if you apply for coverage now.
Best Life Insurance For Smokers In Canada (Updated in 2024)
Did you know that life insurance for smokers is double to triple the price of non-smokers? That can add up to thousands or even tens of thousands of dollars more that smokers pay over the life of the policy!
But not all life insurance companies treat smokers the same way. The trick is to find the one that views you as low risk and offers you the best rates.
This comprehensive guide will reveal how smoking affects your life insurance rates and how you can get the best life insurance policy as a smoker.
21 Tips To Ace Your Life Insurance Medical Exam
So you just applied for life insurance. Now what?
Chances are, you will need to go through a life insurance medical exam.
What does it test for?
More importantly, how can you ace it and save thousands over the life of your insurance policy?
Here are 21 actionable tips to help you ace your life insurance medical exam.
Medical Information Bureau (MIB): How It Affects Life Insurance
If you’re applying for life, critical illness, or disability insurance in Canada, you may come across the Medical Information Bureau (MIB) during the underwriting process. Many applicants worry that the MIB is some kind of “medical database” that works against them — but that’s not quite accurate.
This guide explains what the Medical Information Bureau is, how it works, what information it collects, and how it may affect your insurance application. Understanding the MIB can help you avoid surprises and apply for coverage with confidence.
The 10 Most Dangerous Hobbies For Life Insurance in Canada
For many Canadians, free time isn’t spent sitting still—it’s spent chasing adrenaline. From scuba diving off the West Coast to skydiving over the Prairies, high-risk hobbies are a big part of how people live their lives.
When it comes to life insurance in Canada, however, insurers look at these activities very differently. What feels controlled and well-trained to you is evaluated through statistics, claims history, and underwriting guidelines.
If you participate in what insurers call hazardous hobbies or hazardous avocations, you may be wondering:
Can I still qualify for life insurance?
Will my premiums be higher?
Should I expect exclusions or declines?
The short answer is: most dangerous hobbies are still insurable in Canada. The key is understanding how insurers assess risk—and choosing the right company from the start.
87 Simple Tips To Save On Life Insurance
This is the ultimate guide for saving on life insurance.
Here, you will find a massive list of 87 simple tips to maximize your insurance dollars, leaving you more money in your pocket.
So don’t buy life insurance until you read this. It could end up saving you thousands of dollars over the life of the policy.
Life Insurance Application: What You Need To Know
You’ve decided to buy life insurance. Now what?
The life insurance application process can seem daunting at first glance, but it doesn’t have to be!
In this guide, we’ll show you how easy it is to apply for life insurance. When you’re finished reading, you’ll know how the step-by-step process from the moment you sign up to the day you receive your life insurance policy.