Your Guide to Life Insurance

If you’ve ever searched for life insurance online, you’ve likely seen ads for guaranteed life insurance in Canada. Before you make a quick decision, we’d like to help you understand what you’re buying, how it works, and whether or not there’s a non-guaranteed alternative that’s more affordable and better suited to your needs. Let's compare…

The charts in this article help you estimate the monthly cost of taking out a term life insurance policy or a whole life insurance policy in Canada. Serenia Life offers both kinds of coverage so we can help you decide which one is right for you.

If you’re a little stumped understanding the difference between critical illness vs disability insurance, don’t feel bad. At first blush, they sort of look like two versions of the same thing. They both provide money when your health takes a turn and you survive, but they do it in different ways.

Life insurance has one important job. It replaces the income you would have earned had you lived a long life and continued to make money. Sometimes, it makes sense for you to have your own life insurance policy. Other times it can be easier, and more affordable, to share a policy with your spouse or a business partner.

Life insurance is a financial safety net designed to protect your family’s financial future. Among the many types available, participating whole life insurance stands out for offering both lifelong coverage as well as an investment component that grows over your lifetime.

Life insurance is essential whenever you have financial obligations or big dreams that rely on your income. But how do employer-provided life insurance plans compare to owning your own policy? Is it worth it to get life insurance through work? Let's find out...

When you're in your 20s or 30s, life insurance probably isn’t at the top of your financial to-do list. After all, it’s something you get when you have a mortgage, kids, or retirement on the horizon… right? Not necessarily. Find out why!

Permanent life insurance has a few more moving parts than term life insurance policies. Taking the time to choose the right coverage for the right reasons will help you make a more informed decision. Read on for a comparison of whole life versus universal life insurance.

So you've decided to look into term life insurance but some of the words used are new to you – Serenia Life’s comprehensive glossary can help with that.

A cash-value life insurance policy is one part guaranteed life insurance and one part investment component, which provides you the opportunity to grow your money – and access it later. Together, the two halves of the policy play a critical role in helping you protect your assets, minimize taxes on the estate, and provide access to money while you’re still alive.