by CFS Wealth Management Inc. | Mar 1, 2022 | Life and Health Insurance 101, Life Insurance
According to Statistic Canada, over $10,000,000,000 was donated from 5,000,000 Canadians to charity in 2019. All these donations are eligible for a non-refundable tax credit. By using Life Insurance, you can increase your overall charitable donation benefiting a...
by CFS Wealth Management Inc. | Oct 7, 2021 | Life Insurance
Life insurance is a smart decision to make to secure your family’s income and expenses in the event of the unexpected. Another positive of having life insurance is that you can fund your legacy plan with it. What is legacy? A Legacy Plan is simply a...
by CFS Wealth Management Inc. | Feb 26, 2021 | Life and Health Insurance 101, Life Insurance
What Is Universal Life Insurance? Universal Life Insurance provides much more flexibility when it comes to the benefits and therefore premium payments that come with this policy. Your life insurance and financial needs won’t always be the same. Today, you may be...
by CFS Wealth Management Inc. | Feb 17, 2021 | Life and Health Insurance 101, Life Insurance
What is Term Life Insurance? Term Life Insurance is a contract for insurance on your (or another person’s) life that you buy for a set period of time (a ‘term’), usually 10 years. You pay premiums to keep the policy in force’. At the end of each term, you can usually...
