Post by PolicyMe

At PolicyMe, we’re always thinking about how Canadians approach insurance and where gaps still exist. We were recently featured in Money.ca‘s latest piece on life insurance habits across the country, highlighting how Canadians choose coverage and why many families may be underinsured. A few insights stood out: 💡 Many Canadians overestimate the cost of life insurance. 💡 $500K is a common coverage choice, but the right amount should reflect income, debt, and family needs. 💡 Nicotine use, including vaping, can increase premiums, something many younger Canadians may not realize. The bigger theme? Coverage decisions are often shaped by assumptions rather than a clear picture of what families actually need. Insurance shouldn’t feel complicated. That’s why we’re building a simpler, more transparent way to get covered without pressure or unnecessary paperwork. 📰 Read the full article here: https://lnkd.in/dz9698Xn #LifeInsurance #PolicyMe #FinancialProtection