In a country as diverse and inclusive as Canada, taking care of one another is a fundamental value. Disability insurance is an essential part of the Canadian social safety net, offering financial protection and peace of mind to individuals who may experience a disability that prevents them from working. Whether you're new to the concept or looking to refine your understanding, this blog aims to shed light on the various types of disability insurance available to Canadians.

Life insurance is a crucial financial tool that provides peace of mind and financial security to Canadians and their families. In uncertain times, having the right type of life insurance can make all the difference in ensuring your loved ones are protected financially when you're no longer around. In this blog, we will explore the principal types of life insurance available to Canadians, helping you make an informed decision about which one suits your needs best.

At Camlife Financial Corp, we understand that the process of applying for insurance can be quite a challenge. Insuring yourself can seem like a complex process, but with some preparation, you can complete the process quickly and easily.

After you apply for life insurance, you go through a process called underwriting with the insurance company. An underwriter works on behalf of the life insurance company to evaluate your application details, health information, and lifestyle to give you an insurance classification based on risk, which determines your premium. As experts in the field, we at Camlife Financial Corp have written down information about how you can get through insurance underwriting. 

Are you thinking about purchasing life insurance? Even if you understand the long-term benefits that a policy might provide for your family, purchasing life insurance can be intimidating. There could be a slew of options before you decide on the right coverage.

At Camlife Financial Corp, we are a life insurance broker that builds close relationships and listens carefully to our clients to determine their specific requirements. 

A disability may be an injury, illness, or affliction that prevents someone from performing occupational duties. Because most young people associate the risk of disability with old age or physically demanding occupations, the likelihood that they’d invest in disability insurance is slim. A common misconception we see is, “I’m young. I’m healthy. Nothing could happen to me.” However, what they fail to consider is that life is unpredictable. Unexpected illnesses or injuries can happen to anyone.

Original Article Source Credits: moneyunder30, https://www.moneyunder30.com

Article Written By: Amy Bergen

Original Article Posted on: May 27, 2021

Link to Original Article: https://www.moneyunder30.com/tests-required-for-life-insurance

Original Article Source Credits: the balance, https://www.thebalance.com

Article Written By: Justin Pritchard

Original Article Posted on: April 07, 2021

Link to Original Article: https://www.thebalance.com/insurance-portability-5121029

Original Article Source Credits: MoneySense, https://www.moneysense.ca

Article Written By: NA

Original Article Posted on: NA

Link to Original Article: https://www.moneysense.ca/spend/insurance/life-insurance/short-term-disability-insurance-canada

Original Article Source Credits: the balance, https://www.thebalance.com

Article Written By: Emily Guy Birken

Original Article Posted on: January 13, 2021

Link to Original Article: https://www.thebalance.com/final-expense-insurance-5095463

Original Article Source Credits:   Money Sense , https://www.moneysense.ca/

Article Written By:   JULIETTE BAXTER

Original Article Posted on:  MARCH 29, 2021

Link to Original Article:  https://www.moneysense.ca/spend/insurance/life-insurance/family-health-insurance-canada/

Did you know that one in three adults will suffer from a severe disability before they reach retirement age? This impacts their ability to earn, support their families, and maintain their standard of living. Income replacement insurance, addresses this risk. Some companies offer their staff adequate disability coverage but many do not. Those who aren’t protected against disabilities will need to obtain their own coverage.

Original Article Source Credits: financial post, https://financialpost.com

Article Written By: Ethan Rotberg

Original Article Posted on:  February 1, 2021 

Link to Original Article: https://financialpost.com/moneywise/5-questions-to-ask-before-buying-life-insurance-2

Original Article Source Credits: Edvisor's edge, https://www.advisor.ca

Article Written By:  Michelle Schriver

Original Article Posted on: October 28, 2020

Link to Original Article: https://www.advisor.ca/insurance/life/life-insurance-claims-increase-in-q2-due-to-covid-19

COVID-19 has brought insurance back into the public consciousness. Here are some FAQs that we get on a weekly basis:

So, to ensure you have all your doubts cleared, Camlife Financial Corp wants to arm you with the most accurate information available to help you get insured. To do this, we’ve answered some of the most frequently asked questions about life and health insurance.

Original Article Source Credits:   Canada.ca , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:   2020-11-26

Link to Original Article:  https://www.canada.ca/en/services/benefits/ei.html

Original Article Source Credits:   Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By:  Business Wire

Original Article Posted on:  August 20, 2020

Link to Original Article:  https://ca.finance.yahoo.com/news/covid-19-raises-importance-life-185100929.html

Original Article Source Credits:   The Balance , https://www.thebalance.com/

Article Written By:   MILA ARAUJO

Original Article Posted on:   May 14, 2020

Link to Original Article:  https://www.thebalance.com/who-needs-life-insurance-2645793

Original Article Source Credits: Young And Thrifty , https://youngandthrifty.ca/

Article Written By: Tamar Satov

Original Article Posted on: July 20, 2020

Link to Original Article:  https://youngandthrifty.ca/life-insurance-and-covid-19/