Four Reasons It Makes Sense To Buy Life Insurance In Retirement

Many Canadians have a fairly narrow view of life insurance, thinking of it only as a tool for managing risk, with a primary focus on providing financial relief to loved ones in the event of an unexpected death Although this is a great reason to buy life insurance, it is not the only reason. Many of Canada’s most affluent families are not only buying life insurance to manage risk, but are also buying life insurance for tax and estate planning purposes. Although life insurance is...