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Would my life insurance policy be honoured if the company went bankrupt?

If your insurance company is a member of COMPCORP, insureds are protected for an amount of up to $200,000 per insurance company.

A type of insurance sold in Canada for nearly 10 years could lead to a dramatic tug of
war around a policyholder's hospital bed.

But a lawyer specializing in trust and estate matters says he, for one, has yet to hear the thorny issues raised at professional seminars or conferences...


Insurance Companies Target Middle-Incomes Market With Less Complex Universal Life Products
Experts warn against using universal life for retirement income

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