
CPP Enhancements Each year many Canadians are declined for standard insurance coverage leaving many without any insurance coverage. CPP’s Non-medical insurance solutions can be an alternative to a declined policy and can also be more affordable than a rated insurance contract.
on Friday, 28 October 2016.
Posted in Life Insurance
In Canada it is difficult to get life insurance coverage if you are not a Canadian resident or Citizen. Assumption Life however has a solution, you may be eligible to get life insurance coverage up to $500,000*.
Available Products
Non-residents are eligible to apply for five of Assumptions products. FlexTerm, FlexOptions, ParPlus, Golden Protection and Total Protection. The products can serve to cover a variety of needs for individuals and their families.
on Friday, 28 August 2015.
Posted in Life Insurance
Seeking approval for a loan can sometimes be dependent on certain requirements. Some lenders require an assignment of life insurance as a condition of loan approval.
Written by Neil Lecky
on Monday, 02 June 2014.
Posted in Life Insurance
When you plan a wedding you put a lot of time and effort into it but leading up to the big day you may not have given much thought to you your finances. Once the wedding is done your planning and budgeting shouldn’t end there. You will now need to focus on the future financial health of your relationship.
Written by Neil Lecky
on Wednesday, 04 December 2013.
Posted in Life Insurance

For the past little while it seems that insurance companies have been increasing rates left and right due to the low interest rate environment we are in. Premiums have only been getting more expensive and in this new world of prolonged interest rates premiums are at record highs.
Written by Neil Lecky
on Wednesday, 01 May 2013.
I strongly believe that everyone should have life insurance. Many people feel that life insurance is for the unhealthy but the fact is life insurance is really for the healthy (you need to apply while healthy). When you become diagnosed with something that affects your health, the rates for life insurance can become substantially higher, that is if you can even qualify for life insurance at all.
Written by Neil Lecky
on Friday, 25 January 2013.
I am asked many times about life insurance with Group Employee Benefit plans versus individual life insurance and whether people need one or the other, or both.
Written by Neil Lecky
on Friday, 05 October 2012.
Posted in Group Benefits, Life Insurance
Life Insurance products may be changing in the near future.
There is one theme that I keep hearing when life insurance carrier wholesalers visit me. That is that Life Insurance Policies as we know them today may not be around in a few years. The insurance industries landscape may look very different. With regulatory pressures and market conditions it seems these changes are inevitable.
Written by Neil Lecky
on Thursday, 06 September 2012.
Posted in Life Insurance
When considering buying life insurance we often think about providing for our loved ones. But what happens when you pass away? What can a beneficiary expect when filing a life insurance claim?
Written by Neil Lecky
on Thursday, 17 May 2012.
Posted in Life Insurance

If you are a smoker and you are in the market for life insurance in Canada, you know that smoking does cost you significantly more than a non-smoker.
Written by Neil Lecky
on Wednesday, 15 February 2012.
Posted in Life Insurance
When reviewing files of new clients, I notice that many of their existing life insurance polices in many cases do not have a waiver of premium option as a rider in place. Most insurance companies can provide this benefit on life insurance policies for a minimal amount and should really be considered when applying for life insurance coverage.
Written by Neil Lecky
on Wednesday, 08 February 2012.
Posted in Life Insurance
Calculate your age with insurance companies
When you get a life insurance quote, you may get confused with the age displayed on the illustrations. You may come across one of two ways of calculating your age;
- Actual age
- Age Nearest Birthday
Written by Neil Lecky
on Wednesday, 04 January 2012.
Posted in Life Insurance
Yes, that’s right. The Empire Life Solution Series of term life insurance products provide coverage for customers for as long as they live. And it gets even better.
Written by Neil Lecky
on Wednesday, 21 December 2011.
Posted in Life Insurance
So you received a life insurance quote, met with a life insurance advisor and completed the application, the next step with many life insurance applications is to get an insurance medical examination. Here are some guides from two of the paramedical companies we use, Medaxio and ExamOne.
Written by Neil Lecky
on Wednesday, 26 October 2011.
Posted in Life Insurance

One of the biggest difficulties faced by a privately-held corporation is the death of one of the shareholders. The loss of a key shareholder can negatively affect the ongoing viability of your business if immediate steps are not taken to reassure creditors, employees, suppliers and investors. This makes business succession planning so important. One of the more cost-effective tools used by business owners is a Buy/Sell agreement, funded by a Universal Life policy.
Written by Neil Lecky
on Wednesday, 19 October 2011.
Posted in Life Insurance