Life Buzz - Life insurance newspaper in Canada

  LifeBuzz shares Canada Resources news: Capital Gains Tax in Canada undergoes major changes effective January 2026. For individuals, the inclusion rate remains 50% for the first $250,000 of net capital gains annually. For gains exceeding $250,000, the inclusion rate increases to 66.67% (two-thirds). For corporations and trusts, the inclusion rate increases to 66.67% for all net capital gains. These changes significantly affect high-net-worth individuals and business entities.   https://lifebuzz.ca/capital-gains-tax-in-canada/   #CapitalGainsTaxInCanada #LifeBuzz #CanadaResourcesNews #InclusionRate #TaxChanges2026

LifeBuzz shares family life insurance news: Life Insurance for Single Parents in Canada explains why coverage is critical for lone-parent households. In dual-income homes, the death of one parent is tragic but financially survivable. When you are the sole breadwinner and caregiver, there is no financial backup if something happens to you. Purchasing life insurance creates that essential safety net, replacing lost income, paying outstanding debts, covering funeral costs, and funding your children's future education.   https://lifebuzz.ca/life-insurance-for-single-parents/   #LifeInsuranceForSingleParentsInCanada #LifeBuzz #FamilyLifeInsuranceNews #FinancialProtection #SafetyNet

  One policy, two people, one payout. LifeBuzz's family life insurance news guide on joint first-to-die life insurance in Canada explains that this policy insures both partners and pays the full death benefit upon the first death. The surviving partner or named beneficiaries receive the funds for income replacement, debt clearance, funeral costs, or child expenses. The policy then terminates completely. Available as term or permanent insurance, JFTD offers affordable shared coverage. LifeBuzz helps Canadian couples understand this structure before purchasing. Visit LifeBuzz for the complete guide on how JFTD works.   https://lifebuzz.ca/joint-first-to-die-life-insurance/   #JointFirstToDieLifeInsuranceInCanada #LifeBuzz #FamilyLifeInsuranceNews #JointLifeInsuranceCanada #LifeInsuranceCanada

  What happens when the first partner passes away? LifeBuzz's family life insurance news guide on joint life insurance in Canada explains that first-to-die policies pay the death benefit upon the first death, providing immediate financial support to the surviving partner. This structure covers mortgage payments, replaces lost income, and handles final expenses. After payout, the policy terminates — leaving the survivor without coverage. LifeBuzz helps Canadian couples understand this trade-off before purchasing. Visit LifeBuzz for the complete first-to-die analysis and determine if this joint life insurance structure fits your family's needs.   https://lifebuzz.ca/joint-life-insurance-in-canada/   #JointLifeInsuranceInCanada #LifeBuzz #FamilyLifeInsuranceNews #LifeInsuranceCanada #CouplesInsurance

  LifeBuzz shares company review news: Canada Life Insurance Review, Products & Pricing reveals Canada Life holds an "A+" rating from AM Best, a key indicator of its ability to meet ongoing insurance obligations. LifeBuzz rates Canada Life 4.5 out of 5 stars based on analysis of several key factors, including financial stability, product portfolio and flexibility, pricing, application process, and customer experience. This objective and balanced assessment provides real-world value for Canadians considering this established insurer for their coverage needs.   https://lifebuzz.ca/canada-life-assurance-company/   #CanadaLifeInsuranceReview #LifeBuzz #CompanyReviewNews #FinancialStrength #AMBestRating

  Can you extend your term life policy without having to prove your health? Yes. LifeBuzz's life insurance in Canada news guide on renewable and convertible term life insurance explains that renewable term lets you continue coverage after your initial term expires with no medical exam required. Premiums increase based on your attained age, and most policies allow renewals up to age 75 or 85. LifeBuzz advises treating renewability as a safety net, not a primary strategy — if healthy, shop the market first. Visit LifeBuzz for the complete renewal guide.   https://lifebuzz.ca/renewable-and-convertible-term-life-insurance/   #RenewableAndConvertibleTermLifeInsurance #LifeBuzz #LifeInsuranceInCanadaNews #TermLifeInsurance #LifeInsuranceCanada