Non-Resident Beneficiary in Canada: Life Insurance, RRSP and TFSA Rules
Your beneficiary does not have to live in Canada. How life insurance, an RRSP or RRIF, a TFSA and an inheritance are taxed and paid when they live abroad.
Oct 19, 2026
Life Insurance Policy Loans in Canada: Borrowing Against Cash Value
How a life insurance policy loan works in Canada: borrowing against cash value, partial withdrawals, the automatic premium loan, and when a loan is taxable.
Oct 12, 2026
Creditor Insurance in Canada: What It Covers and How to Tell If a Debt Has It
Creditor insurance pays your lender, not your family, if you die, get sick, or lose your job. Here's what it covers and how to check if a specific debt has it.
Sep 14, 2026
Cash Surrender Value: What Happens When You Cash Out a Life Insurance Policy in Canada
Surrendering a life insurance policy in Canada ends your coverage and can trigger tax on a policy gain that has little to do with the premiums you paid. Here is how it actually works.
Sep 07, 2026
No-Medical-Exam Life Insurance in Canada: Who Qualifies
No-medical-exam life insurance in Canada comes in two flavours: simplified issue and guaranteed issue. Here is who actually qualifies, what it costs, and where the trade-offs sit, with no sales pitch.
Jun 05, 2026
How to Choose a Life Insurance Beneficiary
Naming a life insurance beneficiary is more than a checkbox. Here is how primary, contingent, and irrevocable designations work in Canada, including the Quebec rules most people miss.
May 17, 2026
Life Insurance Glossary: 30 Terms Explained Simply
Term, rider, ACB, contestability, CSV — life insurance contracts are full of jargon. This plain-language glossary explains 30 essential terms every Canadian buyer should know before signing.
Apr 28, 2026
When You Do (and Do Not) Need Life Insurance
Not every Canadian needs life insurance, and plenty are paying for the wrong kind. A plain-language look at when coverage actually earns its keep, when you can skip it, and how CPP, probate, and registered accounts factor in.
Mar 19, 2026
Term vs Whole Life Insurance: A Plain-English Comparison
Term life is cheap, temporary, and built for finite needs like mortgages. Whole life costs more but builds tax-sheltered cash value and lasts for life. Here's how to tell which one actually fits your situation in Canada.
Oct 28, 2025