Insurance
Should I buy a life insurance? Should I buy one for my children? What is a Universal Life Insurance? How does disability insurance work? Which insurances to avoid altogether? Learn about the ins and outs insurances in Canada on Million Dollar Journey, one of Canada’s oldest and most detailed Personal Finance blogs.
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Should I buy Whole Life Insurance for my Children?
A reader, Arlene, recently asked a question in my article “investing on behalf of kids” about obtaining “Whole Life Insurance” for their young children. A financial planner…
Is your Life Insurance Policy about to Implode?
This is a guest column by insurance specialist Glenn Cooke. Your life insurance policy may be about to implode. You may be on the verge…
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Life Insurance for Seniors in Canada
Is whole life insurance good for Canadian seniors? Is permanent life insurance a good investment for Canadian retirees? Is term to 100 life insurance worth…
Long-Term Care Insurance In Canada: Do I Need It?
TL;DR: You probably should not buy long-term care insurance in Canada. For many Canadians who are entering retirement, one of the big fears is that…
Investing in Annuities in Canada – Buying a Pension for Life
As a former teacher you might think I’d be the last person who would want to learn more about investing in annuities in Canada. It’s…
A Frugal Guide to Healthy Living in Canada
If you’re not paying attention, healthy living in Canada can really cost you. As of 2018, out-of-pocket healthcare payments made up about 15% of total…
Is Buying a New Vehicle a Bad Investment?
Purchasing a new vehicle means accessing the latest features and driving efficiencies available on the market. However, new vehicle models are typically more expensive to…
House Poor No More Book Review
House Poor No More: 9 Steps that Grow the Value of Your Home and Net Worth by Romana King is one of those books that…
What Insurance Do You Need For Your Investment Property?
If you own an investment property, you’re probably aware of how much earning potential your asset offers — especially in today’s housing market. But if…
Should I buy Whole Life Insurance for my Children?
A reader, Arlene, recently asked a question in my article “investing on behalf of kids” about obtaining “Whole Life Insurance” for their young children. A financial planner…
Insurance and Wills for Canadian Expats
When I talked to several non-resident tax and investment specialists during my Covid quarantine-induced expat research frenzy, the topic that kept coming up as “the…
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