Life Insurance
Plain-language guides to help Canadians understand how life insurance works, what types are available, and how to think about coverage.
Start Here
RecommendedComplete Guide · 7 Steps · ~10 min
Life Insurance 101
A complete guided journey through life insurance — why, how it works, types, coverage amounts, cost factors, and how to apply.
Interactive Tool · ~2 min
Do I Need Life Insurance?
5 questions. An educational assessment of how life insurance might relate to your situation — not financial advice.
All Articles
Foundations
What is Life Insurance?
The core concept: what the contract is, who the parties are, and why people get it.
Foundations
How Life Insurance Works
Application, underwriting, policy in force, premiums, and the claims process — step by step.
Coverage Type
Term Life Insurance
How term works, common lengths, renewability, convertibility, and when it's commonly used.
Coverage Type
Permanent Life Insurance
Whole life, universal life, cash value, and lifelong coverage explained.
Comparison
Term vs Permanent
Side-by-side comparison covering cost, duration, cash value, flexibility, and use cases.
Planning
Who Needs Life Insurance?
Common situations and financial obligations that lead Canadians to consider coverage.
Guide
Beneficiary Basics
Who gets your life insurance money and how to make sure it reaches them. Naming, updating, and what happens without a designation.
Guide
No-Medical Insurance
Life insurance without a health exam — what it is, who it's for, and trade-offs versus fully underwritten coverage.
Guide
Policy Lapse
What happens if you miss a payment — the grace period, consequences, reinstatement, and how to prevent a lapse.
Guide
Employer Coverage
Group life insurance through work — coverage levels, limitations, portability, and whether you need supplemental coverage.
Guide
Making a Claim
The claims process in Canada — what to do after a death, documents required, timelines, and what to do if a claim is denied.
Explore Licensed Carriers
The Canadian Insurance Registry lists verified licensed carriers. Search or browse to find registered insurers operating in Canada.