No-medical, tax & products

No-medical, tax & product guides

Learn how no-medical coverage works, how the CRA treats life insurance, and how advanced products like whole and universal life fit into your plan.

Life Insurance Without a Medical Exam

How to get life insurance in Canada with no medical exam. Simplified issue, guaranteed issue, accelerated underwriting, and costs.

Best No Exam Life Insurance in Canada (2025–2026)

Compare the best no exam life insurance in Canada. Sun Life Go, Manulife, iA Financial — rates, coverage caps, and approval speed ranked.

Best No Medical Life Insurance in Canada (2025–2026)

Ranked: the best no medical life insurance options in Canada. Carriers, rates, coverage limits, and who qualifies.

Simplified Issue vs Guaranteed Issue

Compare simplified and guaranteed issue life insurance — eligibility, coverage limits, costs, and which fits your health profile.

Canadian Taxation of Life Insurance

The complete CRA guide: death benefits, exempt test, ACB, capital dividend account, corporate strategies, policy dispositions, and premium deductibility.

Are Life Insurance Premiums Tax Deductible?

Are life insurance premiums tax deductible in Canada? CRA rules for individuals and businesses, corporate-owned policies, and collateral assignments.

Corporate-Owned Life Insurance (COLI) Tax Strategy

How COLI works in Canada — Capital Dividend Account mechanics, tax-sheltered growth, estate planning, and CRA compliance.

Is Life Insurance Taxable in Canada?

How life insurance is taxed in Canada: death benefits, cash value, policy loans, corporate-owned policies, and CRA rules explained for 2026.

What Are the 4 Types of Life Insurance in Canada?

Complete guide to term, whole, universal, and term-100 life insurance. Features, costs, and who each type is best for.

Joint Life Insurance — First vs Last to Die

Joint life insurance explained — first-to-die vs last-to-die, costs vs two individual policies, and when each makes sense.

Return of Premium Life Insurance — Worth It?

ROP life insurance analysis — costs 2–3x more than standard term, real returns vs investing the difference, and rare exceptions.

Decreasing Term Life Insurance

When decreasing term makes sense, why level term is usually better, and the truth about bank mortgage insurance.

Child Life Insurance — Is It Worth It?

Should you buy life insurance for your child? Costs, guaranteed insurability benefits, and when to prioritize parent coverage first.

Convert Term to Whole Life Insurance

When and how to use your term conversion privilege — deadlines by carrier, cost implications, and decision framework.

Life Insurance Riders Explained

Every Canadian life insurance rider explained — waiver of premium, ADB, child rider, critical illness, and which are worth the cost.

How Long Does a Life Insurance Payout Take?

Life insurance claim timeline in Canada — standard 30–60 days, what causes delays, and how to speed up the process.

Is Whole Life Insurance a Good Savings Strategy in Canada?

Evaluate cash value growth, tax advantages, and returns vs TFSA and RRSP.

Life Insurance Like a Savings Account

Can life insurance work like a savings account? How cash value in whole life and universal life grows tax-deferred, and whether it beats TFSA and RRSP.

Whole Life vs Universal Life Insurance in Canada

Side-by-side comparison of premiums, cash value, flexibility, and investment options. Which permanent policy is right for you?

Life Insurance for Diabetics Canada

How diabetics can get life insurance — Type 1 vs Type 2 underwriting, flexible carriers, rates, and application strategies.

Life Insurance with High Blood Pressure

How hypertension affects life insurance rates — well-controlled vs uncontrolled, premium impact, and tips to qualify.

Life Insurance for Cancer Survivors

Can cancer survivors get life insurance? Options by cancer type, waiting periods, guaranteed acceptance, and broker strategies.