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Term insurance: A product more complex than it seems

By Alain Thériault | July 6, 2023, 10:55 a.m.

Although it may appear to be the most basic among individual life insurance products, term life insurance actually offers a wide array of coverage periods and guarantees.

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Headlines

Canada performs poorly in exercise ranking seniors’ care

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Client complaint about forged signature leads to trouble with regulator

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ASSUMPTION LIFE

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IA FINANCIAL GROUP

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CANADA LIFE

PC Insurance and Loblaw aim to expand in auto and home Insurance

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“Create Some Fire and Pass the Torch”

DESJARDINS

The financial strength of property insurers remains excellent

The financial strength of major life insurers remains stable

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Property and casualty insurance: Financial results of 170 insurers in Canada in 2022

UV INSURANCE

Interest rates propel UV Insurance's profit in 2022

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BENEVA

Beneva drops Penncorp products due to lack of profitability

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Employee assistance programs still underutilized

The labour shortage: Both a challenge and an opportunity for insurers

MANULIFE

License revoked for employing unlicensed and previously sanctioned representative

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CO-OPERATORS

Catastrophes dragged down Co-operators’ net income in 2022

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Co-operators acquires employee benefits insurtech firm

Co-operators’ net income up 7 per cent

IVARI

Neil Skelding stepping down on January 31.

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FORESTERS

Foresters Canada president announces retirement

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Analytic

Employees with fewer paid days off have higher rates of absenteeism and presenteeism

Self-regulatory organization hosts webinar outlining operations expectations

United States’ property and casualty industry records underwriting loss

Pandemic loan extensions “not good enough”

Product tables

Guaranteed withdrawal benefit plans pivotal for retirement planning

Non-guaranteed disability insurance: 11 coverage options

Non-cancellable disability insurance: Offer shrinks

Creditor insurance essential to protect repayments

Magazine supplement

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Brokers concerned about cyber security

Term insurance: A product more complex than it seems

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