Life Insurance, Disability & Critical Illness: What Every Canadian Should Know

Insurance plays a critical role in financial planning, yet many Canadians don't fully understand how much coverage they need or what types of protection are available. In this episode of The Wealthy Life, Sybil Verch interviews insurance specialist Jacqueline Knoblauch about life insurance, disability insurance, critical illness coverage, estate planning strategies, tax-efficient wealth transfer, and insurance solutions for business owners. The discussion explores: Term life insurance vs permanent life insurance Mortgage insurance compared to personally owned coverage Disability insurance and income protection Critical illness insurance and living benefits Estate planning with insurance Tax-efficient wealth transfer strategies Business succession and shareholder protection Key person insurance Corporate-owned insurance Insurance planning for families and entrepreneurs Whether you're a young family starting out, a professional building wealth, or a business owner preparing for the future, this episode provides practical insights to help you make informed decisions about protecting your financial future.