Life Buzz - Life insurance newspaper in Canada

  All interest, dividends, and capital gains in a TFSA grow tax-free, enabling faster wealth accumulation than in taxable accounts.   https://lifebuzz.ca/tfsa-tax-free-savings-account/   #TaxFreeSavingsAccountTFSA #LifeBuzz #CanadaResourceNews #TaxFreeGrowth

  Unused contribution room carries forward indefinitely, allowing you to make larger contributions in future years.   What is Registered Retirement Savings Plan (RRSP) in Canada? #RegisteredRetirementSavingsPlanRRSP #LifeBuzz #CanadaResourceNews #CarryForwardRoom

  To open an FHSA, you must be a Canadian resident, at least 18 years old, have a valid SIN, and qualify as a first-time home buyer (no home ownership in the previous four years).   https://lifebuzz.ca/first-home-savings-account-fhsa/   #FirstHomeSavingsAccountFHSA #LifeBuzz #CanadaResourceNews #EligibilityRequirements

  Permanent residents can access all standard life insurance products with the same coverage limits as Canadian citizens, up to $5 million, depending on their needs and health.   https://lifebuzz.ca/life-insurance-for-newcomers-to-canada/   #LifeInsuranceForNewcomersToCanada #LifeBuzz #CanadaLifeNews #PermanentResidents

  Premiums paid by policyholders represent the primary and most direct source of income for Canadian life insurance companies.   https://lifebuzz.ca/how-do-life-insurance-companies-make-money/   #HowDoLifeInsuranceCompaniesMakeMoneyInCanada #LifeBuzz #CanadaLifeNews #PremiumRevenue

  Critical illness riders pay a lump sum upon diagnosis of covered conditions such as cancer, heart attack, or stroke. The funds can be used for medical treatment, lost income, or other expenses while you are still alive.   Life Insurance with Living Benefits in Canada #LifeInsuranceWithLivingBenefitsInCanada #LifeBuzz #CanadaLifeNews #CriticalIllnessInsurance

  A common strategy is to purchase larger term policies early in life, then gradually convert portions to permanent coverage as you approach retirement.   Renewable and Convertible Term Life Insurance: When To Consider #RenewableAndConvertibleTermLifeInsurance #LifeBuzz #CanadaResourcesNews #LadderStrategy

  As a mutual company, Equitable Life focuses on policyholder interests through dividends and cash value growth.   https://lifebuzz.ca/insurance/life/top-companies/   #BestLifeInsuranceCompaniesInCanada2026 #LifeBuzz #CanadaResourcesNews #EquitableLife

  The CRA recognizes couples as common-law after 12 months of continuous cohabitation, or immediately if they have a child together. They must report their status and file taxes accordingly.   https://lifebuzz.ca/common-law-relationships-in-canada/   #CommonLawRelationshipsInCanada #LifeBuzz #CanadaResourcesNews #CRATaxRules

  Couples in British Columbia must live together continuously for at least two years in a marriage-like relationship to gain legal spouse status under provincial law.   https://lifebuzz.ca/common-law-in-british-columbia/   #CommonLawRelationshipsInBritishColumbia #LifeBuzz #CanadaResourcesNews #TwoYearCohabitation

  Couples in Alberta generally need to live together continuously for three years to be recognized as adult interdependent partners. They must function as an economic and domestic unit.   https://lifebuzz.ca/common-law-relationships-in-alberta/   #CommonLawRelationshipsInAlberta #LifeBuzz #CanadaResourcesNews #ThreeYearCohabitation

  Common-law partners can claim spousal support under the Family Maintenance Act based on factors such as income disparity and length of the relationship.   Common Law Relationship in Saskatchewan #CommonLawRelationshipInSaskatchewan #LifeBuzz #CanadaResourcesNews #SpousalSupport

  Life expectancy represents the average number of years a newborn is expected to live based on current mortality rates and health factors. This metric directly impacts how Canadian insurers price life insurance policies.   https://lifebuzz.ca/average-life-expectancy-in-canada/   #AverageLifeExpectancyInCanada #LifeBuzz #CanadaResourcesNews #LifeExpectancy #MortalityRates

  Securian Canada focuses on simplified, guaranteed-issue products for Canadians over 40 who face challenges with traditional underwriting. This review examines costs, coverage limits, and whether the trade-offs are worthwhile.   https://lifebuzz.ca/canadian-premier-life-insurance/   #CanadianPremierLifeInsuranceSecurianCompany #LifeBuzz #CanadaCompanyNews #SecurianCanada #LifeInsuranceReview

  Canadian insurers calculate BMI from your height and weight to determine eligibility and premium rates. Knowing the national averages helps you understand how your build may influence the coverage and cost you receive.   https://lifebuzz.ca/average-height-and-weight-for-women-in-canada/   #AverageHeightAndWeightForWomenInCanada #LifeInsurance #LifeBuzz #CanadaResourcesNews #LifeInsurancePremiums #CanadianWomen

  The average Canadian man stands at approximately 5'10" (178 cm) and weighs 198 lbs (89.8 kg). These figures reflect long-term improvements in nutrition and healthcare.   https://lifebuzz.ca/average-height-and-weight-for-men-in-canada/   #AverageHeightAndWeightForMenInCanadaAndImpactOnLifeInsurance #LifeBuzz #CanadaResourcesNews #AverageHeightCanada #CanadianMenStats

  Starting January 1, 2026, individuals will keep the 50% inclusion rate on the first $250,000 of annual net capital gains. Gains above this threshold will be taxed at 66.67%. Corporations and trusts will face the higher 66.67% rate on all gains.   Capital Gains Tax in Canada 2025-26: Key Change & Exemptions #CapitalGainsTaxInCanada202526 #LifeBuzz #CanadaResourcesNews #2026TaxChange #CapitalGainsInclusion #CanadianFinance