LifeRate Blog
Plain-English answers about life insurance in Canada — every figure dated, sources shown, and the hard questions handed to a licensed human.
Coverage & Needs
Coverage & Needs
Coverage & Needs
Life insurance after 60: what's actually available
Term to 80, permanent, and final-expense products — what the options really are at older age bands.
Coverage & NeedsYour work life insurance is 2× salary. Is that enough?
Group cover is inexpensive but not portable — and usually a fraction of what a household actually needs.
Coverage & NeedsMortgage life insurance vs. term life insurance in Canada
Bank mortgage life insurance pays a shrinking benefit to your lender; term life pays a level benefit to whoever you name. What the FCAC comparison table and the banks' own certificates actually say — and the narrow cases where creditor coverage still wins.