It’s the most common type of beneficiary in Canada! A revocable beneficiary offers flexibility. You can change your beneficiary whenever your needs change, like when you have a child, get married, or update your will.
Related Articles
What is a beneficiary, and how do I choose one?
When you purchase a life insurance policy, you can name a beneficiary. A beneficiary is a person or persons who will receive the death benefit
What is a beneficiary, and how do I choose one? Keep Reading
Who can be a beneficiary?
You can name your spouse, children, dependents, another family member, a friend, or a charity as a beneficiary. If you name more than one beneficiary,
Who can be a beneficiary? Keep Reading
Can my children be my beneficiary?
It’s easy to name your children as beneficiaries, as long as they’ve reached the age of majority (18 in most provinces).
Can my children be my beneficiary? Keep Reading
Can I name my under-age children as beneficiaries?
In Ontario, children under 18 cannot receive control over any money left to them in an insurance policy. If you want the children to receive
Can I name my under-age children as beneficiaries? Keep Reading
Get Started
You already know what you need and the product that fits that need. Now let’s compare Canada’s top insurers.
Get your Easy QuoteLets go!