Frequently Asked Questions (FAQs)

Life insurance is a contract where the insurer guarantees payment of a death benefit to your named beneficiaries upon your passing. This provides financial security to your loved ones, ensuring they are taken care of even when you're no longer there.

Super Visa insurance is required for parents and grandparents of Canadian citizens or permanent residents visiting Canada for an extended period. It covers medical emergencies, hospitalization, and repatriation, ensuring you have the necessary health coverage during your stay.

Visitor visa insurance offers health coverage for those visiting a foreign country, covering medical emergencies, hospitalization, and other health-related expenses. It ensures peace of mind during your stay, knowing you're protected against unexpected health issues.

A First Home Savings Account (FHSA) helps Canadians save for their first home with tax-deductible contributions and tax-free withdrawals for home purchases. It's a tax-efficient way to build your savings for homeownership.

A Tax-Free Savings Account (TFSA) is a savings account that allows Canadians to earn investment income tax-free. Contributions to a TFSA are not tax-deductible, but withdrawals are tax-free, making it a flexible and efficient way to save for various financial goals.

A Registered Education Savings Plan (RESP) is a savings account designed to help Canadians save for their children's post-secondary education. Contributions are not tax-deductible, but investment growth is tax-deferred, and withdrawals for education are partially tax-free.

A Registered Retirement Savings Plan (RRSP) is a retirement savings account that offers tax advantages to Canadians. Contributions are tax-deductible, and investment growth is tax-deferred until withdrawal, helping individuals save for retirement efficiently.

International student insurance offers health coverage for students studying abroad, covering medical emergencies, routine check-ups, and other health-related expenses. This ensures you have access to necessary healthcare while focusing on your studies in a foreign country.