Thomas C. Chan Financial Services Blog: Insurance & Retirement Solution Articles

What is Creditor Protection for Life Insurance?
Are you aiming to shield your assets from creditors? For business owners, professionals, and people who might be at financial risk, securing creditor protection is

Life Insurance Underwriting: What You Need to Know
The process of buying insurance can feel overwhelming. You’re bombarded with different quotations and choices concerning policies, and then there’s underwriting to understand. But what

Is Critical Illness Insurance Taxable? What You Need to Know
When you get hit with a big illness, it feels like your life does a complete 180. The last thing you want is for money

RESP 101 | Everything You Need to know about the Registered Education Savings Plan in Canada
Are you aware of an investment approach guaranteeing an annual return of 20%, with absolutely no risk involved, and also supported by the government of

Life Insurance Vancouver | Retirement Plans
Life Insurance Vancouver | Retirement Plans Thomas Chan is your reliable consultant for all your financial requirements, providing life insurance options in Vancouver. He commits to

Should you consider getting an RRSP loan?
Should you get an RRSP loan? The essential message from our discussion on RRSP loans can be concisely captured by a straightforward piece of advice:

Canada Emergency Benefit Account (CEBA) Update – [January 2021]
In this blog entry, I’m thrilled to share the recent updates regarding the Canada Emergency Business Account (CEBA) as of January 2021. What sets CEBA

RRSP 101
The Registered Retirement Savings Plan (RRSP) serves as a vehicle to assist Canadians in preparing for their retirement years. This essential guide to RRSPs will

Retirement Planning Vancouver | Sharing Life Plans
Retirement Planning Vancouver | Sharing Life Plans Retirement Planning Vancouver highlights that many young individuals, after finishing their education at a university or trade school,

Tips to Save on Taxes
Retirement Planning Vancouver | Tips to Save on Taxes Were you aware that the most burdensome financial obligation for households is taxes? This has been

Is It Better to Take Canadian Pension Plan (CPP) Early?
Curious about the ideal moment to start drawing from your Canadian Pension Plan (CPP) while in Canada? Are you pondering queries such as “what will

How Does Life Insurance Work in Canada?
Talks about life insurance may not grab your attention right away, but it’s crucial to understand the significant effect it can have on your financial

Will & Estate Planning Checklist for Canadians
Have you ever wondered what becomes of your assets in Canada should you become ill or pass away? Interested in discovering the duration it takes

Is Life Insurance Tax Deductible in Canada?
Can You Deduct Life Insurance on Taxes in Canada? Life insurance serves as an important financial safeguard for individuals and businesses, providing financial security to

Joint First to Die Life Insurance: A Canadian Guide
Thinking ahead is super important, especially with money matters. If you’re in Canada and looking for a financial safety net, you should totally check out