Reader, life is so uncertain. My dad's in intensive care in the Cardiac Care Unit of the University Hospital in London. The scariest time was two days ago. Now he's getting better. I'm going back to his room after pressing the Send button.
— Promod

PS Fortunately, my parents are also well-protected with medical benefits, pension income and other assets (including life insurance).

Budget 2017

The new federal budget spares life insurance for now. That's probably because major changes already took place on January 1st. The previous regime lasted over three decades.

CPA Ontario is hosting a special interactive session on Tax Strategies Using the 2017 Tax Rules for Life Insurance.

Gambling vs Insurance

Gambling is betting. Insurance is betting. In either case, there's a low probability for a large payoff. Yet gambling has a stigma that insurance doesn't.

Why the difference? History helps us understand.

Why do we die?

Both science and religion have their own answers to this question. Whether you favour the world of proof or the world of faith, we can learn from both.