Making a Challenge Less Challenging We had been talking about the Registered Disability Savings Plan (RDSP) in Ontario quite awhile. Although it is a wonderful financial tool for Canadians with...
Posts by Samuel Li
Life Insurance in Canada that Grows with your Child – Part 2
Child Life Insurance using Canada Life’s Whole Life Par Policy: We just went through some basic ideas of whole life par policy. Let’s go over an illustration now. Suppose, a parent wants to set...
Life Insurance Planning for Children in Canada In one of my earlier articles, I have discussed the pros and cons in getting life insurance for a child.(You could access to that article through:...
Should I Choose Investments Over Life Insurance in Canada? "Isn't investing a better strategy than getting a life insurance coverage?", asked by one of my clients I replied: "Well, that...
Canada Life Updates: Changes to Universal Life Insurance effective May 24, 2013
It seems that we are still on the rising trend of premium increase for many permanent life insurance products. Effective May 24, 2013, Canada Life will increase its Level Cost of Insurance (COI)...
Universal Life Insurance and Term Life Insurance in Canada I was talking to a client the other day. He is in his early 30s with a good paying job. As he is starting his family, he expressed his...