LifeRate Blog
Plain-English answers about life insurance in Canada — every figure dated, sources shown, and the hard questions handed to a licensed human.
Life Insurance Basics
What happens to your life insurance if your insurer fails? Assuris protection explained
Every life insurer licensed in Canada must belong to Assuris, which guarantees at least 90% of your benefits — or $1,000,000 for a death benefit — if your insurer fails. The current limits, the four failures since 1990, and why carrier choice isn't a solvency gamble.
Life Insurance Basics2026 mid-year term rate roundup: who moved, who held
Only one major Canadian insurer announced a term life rate cut in 2026 — and it did so while the bond yields that drive term pricing were rising. What each carrier announced, what they didn't, and what it means if you're buying now.