by Denis Bugeja | Sep 2, 2024 | blog, Insurance, life insurance
Considering that the proceeds of a life insurance policy are received tax-free upon the death of the life insured, it is not surprising that the premiums for the policy are not tax deductible. There are two circumstances, however, where premiums would be deductible...
by Denis Bugeja | Jul 1, 2024 | blog, critical illness insurance, disability, Disability Insurance, Estate Planning, Family, Insurance, life insurance, long term care
The Sandwich Generation was a term coined by Dorothy Miller in 1981 to describe adult children who were “sandwiched” between their aging parents and their own maturing children. There is even a term for those of us who are in our 50’s or 60’s with elderly parents,...
by Denis Bugeja | Nov 1, 2023 | blog, Family, Insurance, life insurance
As a young family, you will be facing a lot of new challenges that you may or may not be prepared for along the way. Whether it’s children, a mortgage, or unexpected expenses that come up, now is the perfect time to start thinking about all the potential pitfalls that...
by Denis Bugeja | Feb 1, 2023 | blog, Insurance, life insurance
Given the problems encountered by some large financial institutions in the United States, how concerned should we be about the state of the life insurance industry in Canada? Insurance is one of the most closely regulated industries in Canada. Unlike the United...
by Denis Bugeja | Jan 2, 2023 | blog, Insurance, life insurance
If you require permanent life insurance coverage for family, estate planning, business, or tax planning purposes or you just wish to accumulate money in your life insurance program it may be time to look at a permanent, level-cost solution. Many of us purchase large...
