Learn how vanishing premiums in life insurance use policy dividends to pay premiums, and explore key considerations to avoid common financial pitfalls.

Life insurance pays beneficiaries a benefit upon your death, while annuities give you income, usually during retirement. Life insurance is not taxed, but annuity withdrawals are generally taxed as ...

The employee submitted a claim to Canada Life in November of 2024 for long-term disability benefits, contending she was ...

Life insurance is an important part of any financial plan because it can provide for your family if you die unexpectedly. Term life insurance covers you for a set number of years and then expires.

Term life insurance is usually the simplest and cheapest policy you can buy. That's because it's only in force for a set period — generally between 10 and 30 years — and it doesn't have a cash value ...

A life insurance policy offers a financial safety net for your family through regular premiums in exchange for a lump sum payment upon your death. Life insurance is a contract where you pay regular ...

Most “money surprises” aren’t actually surprises. A sinking fund is just a way to spread the cost quietly across months, so ...

This guide explains how short-term and long-term health insurance plans differ in duration, benefits, and renewability, ...

Delaying Social Security past full retirement age can boost benefits, raise future COLAs, and strengthen your retirement plan ...

Banner Life offers a wide range of policies and riders, but the minimum term policy amounts may be higher than some consumers want. Banner’s 35-year and 40-year term policies are fairly rare in the ...

A practical look at the “80 percent rule,” why it is useful, and how you can adapt it to your own retirement planning ...