The Canadian Council of Insurance Regulators (CCIR) has published an updated Insurance OmbudServices Cooperation and Oversight Framework (the Framework). CCIR worked closely with the OmbudServices for ...
Canadian life insurance new annualized premium increased 4% in 2023 to $1.86 billion in 2023, according to LIMRA's Canadian Individual Life Insurance Sales Survey. This is the highest sales ever ...
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Half of Canadians have the wrong life insurance — here's how to know if you're one of them
If something happened to you tomorrow, would your family be financially secure — or scrambling to cover the mortgage, the groceries and the bills while grieving? It’s a brutal question. But it’s one ...
Insurtech MyChoice Financial, Inc. has launched an auto and life insurance shopping application within ChatGPT, enabling ...
A new national study from Blue Cross suggests that overall, Canadians are sensitive to building resiliency and future-proof financial planning. Younger generations, while the most financially stressed ...
If the settlement is approved, Sun Life would pay up to $213.5 million to eligible class members, which would lead to about a ...
There are several good reasons to avoid mortgage life insurance. That’s coverage that promises to pay off your remaining ...
Despite fears of serious illness, few Canadians have protection in place, leaving them financially exposed when facing health concerns 91% of Canadians don't have critical illness insurance, despite ...
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Canadians with a mortgage buy 38% more life insurance — and why that's still not enough
New data shows homeownership is the number two trigger for buying term life insurance in Canada. But most buyers are covering ...
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