Life

Insurance regulators spotlight suitability

Advisors can expect more scrutiny in the future from MGAs.

By Jill McCutcheon |August 27, 2012

2 min read

What are the weirdest celeb insurance policies?

Sure, celebs have to take care of themselves to stay at the top. But how much is Julia Roberts’ signature smile worth? How about soccer star Christiano Ronaldo’s legs or Bruce Springsteen’s vocal chords? Judging by their insurance policies, the answers are $30 million, $144 million and $6 million, respectively, finds Kanetix.ca. The company counted […]

By Staff |August 24, 2012

1 min read

Alberta firm seeks patent for new insurance product

Olympia Financial Group has filed a patent application in Canada and the U.S. for an owner-directed universal life insurance product. The new product comprises a universal life insurance policy, which lets the owner of the insurance manage the assets in their account. The policyholder’s account will also have safeguards against lapses for non-payment of premiums, […]

By Staff |August 20, 2012

1 min read

The trouble with term insurance

Term insurance is a favourite of both insurance advisors and the buying public. It’s simple and reasonably inexpensive. But here's the downside.

By Helena Smeenk Pritchard |August 20, 2012

2 min read