Canada Life Insurance Blog

It is time once again for Canadians to file their income tax return for 2014. If you file your own taxes then please be aware that there have been two major changes to available tax credits for 2014! Read on for more.

Thyroid cancer is a rare form of cancer that affects our metabolism rates, among other things. Did you know, however, that people who have had thyroid cancer and are in remission for several years can still apply for a Canadian life insurance plan at standard rates?

The holiday season can and should be a time for goodwill, family and friends. However, Christmas time can also be a time of stress and too much hectic shopping for that last minute gift. Use these holiday budgeting tips to cut down on your stress, save some money and just be more happy this festive season!

Think you've heard it all? Check out these six examples of hard-to-believe insurance policies held by various celebrities around the world. These are some expensive body parts!

COPD, an acronym for Chronic Obstructive Pulmonary Disease, causes difficulty with breathing. When it comes to getting a life insurance policy, COPD does affect a life insurance application. However, if symptoms are mild to medium then it is possible to still get coverage. Read on for likely underwriting outcomes and tips when it comes to applying for life insurance when you have COPD.

Use these handy tips to save money and also avoid large amounts of debt that too many of our students incur while getting an education.

Joint life insurance plans are plans where there is more than one (usually two) insured persons on a single policy. There are several types of joint life insurance: "first to die" plans, "last to die" plans and combined plans. These joint plans offer a small premium discount when compared to the sum of separate life insurance plans and should be considered as viable options when it is important that the death benefit is paid out when either the first or last insured person passes away.

Hypertension, also referred to as high blood pressure, is a common medical condition that often occurs as we get older. A person with high blood pressure is not automatically excluded from getting a life insurance plan however. In fact, getting life insurance at standard rates is possible if the hypertension has been stabile for a substantial period of time (1 or 2 years). Read on for likely underwriting outcomes as well as factors looked at during the underwriting process for an applicant with hypertension.

Since the dawn of life insurance there has been life insurance fraud. People try to fake their own deaths and then split the payout with a family member, relative or friend. Think you've heard it all though? Just check out these truly bizarre and incredible stupid attempts at life insurance fraud! (Here is a teaser: if you submit your own death certificate wear gloves).

As insurance brokers we get many questions about smoking and life insurance from Canadians. Is there an "occasional smokers" rate? How much more do smoker's rates cost? What about smoking cigars or marijuana? Read on to find out answers to these questions and more.