Understanding life insurance

Life insurance beneficiary rules in Canada

March 23, 2026

Here’s your guide to life insurance beneficiary rules in Canada. Learn who qualifies, designation types, special situations, and when to update your policy.

What are the different types of life insurance?

February 18, 2026

What’s the difference between term, permanent, participating and universal life insurance policies? And which ones meet your needs?

Are your insurance premiums tax-deductible?

February 17, 2026

Can you get a tax break for life insurance or health insurance? What about tax breaks for insurance premiums on your business? Here’s what you need to know.

How much does life insurance cost in Canada?

February 05, 2026

Learn about life insurance costs and factors that may affect how much you pay.

When to get life insurance?

December 19, 2025

Sun Life’s insurance plans can benefit you at any stage of your life. Here’s how. 

Financial literacy terms every Canadian needs to know

November 14, 2025

Want to feel more confident about saving, investing, and protecting your future? Learning these terms is a great place to start.

Mortgage insurance vs life insurance: What’s the difference?

October 30, 2025

Do you need mortgage insurance to protect your home? Or would life insurance do more for you? Find out which one better helps to protect your home and family.

Do you need life insurance to buy a house in Canada?

October 14, 2025

Buying a new house? You’ll want to think about life insurance to help protect your mortgage and your family. Here’s why.

A guide to life insurance for new parents

September 25, 2025

Becoming a parent changes everything – including how you think about your family's financial future. Whether you're welcoming your first child or thinking of starting a family, you'll need protection that grows with your changing needs.

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Tools & calculators

Life insurance calculator

Calculate how much life insurance you might need to help protect the people you love if you die.

Life expectancy calculator

Use this calculator to estimate how long you might live and to see what you can do to live a longer, healthier life – now and in retirement.

Budget calculator

Where does your money go? Use this monthly budget calculator to help you manage your spending and understand if you're falling short, breaking even or coming out ahead.

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