Life Insurance Learning Center

Honest, transparent, expert advice and explainers for everything you wanted to know about life insurance.
Fundamentals
Our insurance fundamentals provides honest, transparent, expert advice and explainers for everything you wanted to know about life insurance.
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Latest from learning centre
Whole life dividends explained: How they work

Learn what whole life insurance dividends are, how they work, and which companies offer strong dividend‑paying whole life policies in Canada.

By Vanessa Smith
Insurance Advisor, LLQP
15 min read
Corporate-owned life insurance (COLI) in Canada: The complete guide

Discover how corporate-owned life insurance can help your business manage risk, enhance liquidity, and build tax-deferred corporate wealth in Canada.

By Jason Reynold Goveas
Senior Insurance Advisor, LLQP
13 min read
What is limited pay life insurance?

Limited pay whole life insurance lets you pay premiums for a fixed number of years, such as 5, 8, 10, 15, 20, or up to age 65, while keeping lifetime coverage. Learn how limited pay whole life insurance works, its types, benefits, and who it’s best for.

By Carly Griffin
Senior Insurance Advisor, LLQP
13 min read
Is whole life insurance a good investment for Canadians?

Whole life insurance offers lifelong coverage and guaranteed cash value growth. Part of the premium goes toward insurance costs, and the remainder funds the policy’s cash value.

By Diarmuid Shiels
Senior Insurance Advisor, LLQP
10 min read
Avoiding Canada’s hidden “death tax”: Why estate planning matters for high-net-worth families

Canada does not have a formal estate tax, but the deemed disposition system can still create substantial tax bills at death. High-net-worth families often face liquidity challenges when RRSPs, investments, and real estate are taxed all at once. Learn how whole life insurance helps cover estate taxes and preserve generational wealth without selling family assets.

By Diarmuid Shiels
Senior Insurance Advisor, LLQP
12 min read
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