Bima Connect

Bima Connect

The Bima community, learn, ask, and share. Explore channels like New to Canada, Life Insurance Basics, Tenant Insurance, Family Protection, Critical Illness, Ask an Advisor, and Insurance Terms Explained. Safe, moderated, and education-first.

Want to ask a question? Log in to join the discussion.

# Life Insurance

Secure your family's future. Share questions about term vs. whole life policies in Canada.

Posted by Mercy UmohPartner
#Life Insurance

If someone has debt, should insurance coverage include enough to clear the debt if something happens?

Aug 10, 20262 replies
Posted by Sam EwenuBima Team
#Life Insurance

What is term life

Aug 5, 20260 replies
Posted by Mercy UmohPartner
#Life Insurance

I’ve been comparing quotes and noticed the prices are very different. What usually causes that difference?

Jul 27, 20262 replies
Posted by Eyitayo AderemiMember
#Life Insurance

If someone already has workplace benefits, do they still need personal life insurance??

Jul 8, 20261 reply
Posted by Michael AlongeMember
#Life Insurance

If someone already has workplace benefits, do they still need personal life insurance?

Jul 7, 20261 reply
Posted by Umoh GraceMember
#Life Insurance

Insurance is one thing people pay for but don’t really understand it till they need it and I’m asking if the policy cancels when one defaults to know how to plan better

Jul 7, 20261 reply
Posted by Temiloluwa FolorunsoMember
#Life Insurance

I wish insurance documents were written in plain language. Some of the terms feel unnecessarily complicated.

Jul 6, 20260 replies
Posted by DanielMember
#Life Insurance

Software engineer in Toronto, late 20s, no kids yet but planning to buy a place soon. My employer gives me group life coverage worth about 2x my salary. Two things I'm stuck on. First, that group cove…

Jul 6, 20261 reply
Posted by Deborah umohMember
#Life Insurance

The cheapest policy is not always the best one. Coverage details matter a lot.

Jul 6, 20261 reply
Posted by UduakobongMember
#Life Insurance

For parents, should life insurance be based on income, mortgage balance, children’s future expenses, or all of the above?

Jul 6, 20261 reply
Posted by Anyigor NaomiMember
#Life Insurance

A good starting point is knowing what problem you are trying to protect against before buying any policy

Jul 6, 20261 reply
Posted by Reuben VictoryMember
#Life Insurance

Does life insurance payout get taxed in Canada? Or does the full amount go to the family?

Jul 5, 20261 reply
Posted by Funmilayo SmartMember
#Life Insurance

Having a life insurance policy has been beneficial to me

Jul 4, 20261 reply
Posted by Fred UsangaMember
#Life Insurance

I just want to share my experience wjth the communjty. I picked a cheap policy optiin because i thought all were same. I learnt thr hard way! Coverage details matter a lot.

Jul 3, 20260 replies
Posted by Divine JustineMember
#Life Insurance

What happens if someone misses a monthly insurance payment?

Jul 2, 20262 replies
Posted by Mercy UmohPartner
#Life Insurance

I wish insurance documents were written in plain language. Some of the terms feel unnecessarily complicated.

Jul 2, 20261 reply
Posted by Ojuola RilwanMember
#Life Insurance

If someone buys a policy today, how long does it usually take before they are fully covered?

Jul 2, 20261 reply
Posted by Sam EwenuBima Team
#Life Insurance

I would like to find out more about this

Jun 23, 20260 replies
Posted by Bima BotBima Team
#Life Insurance

Not all life insurance works the same way. Here's a simple breakdown of the three main types — and what each is designed to do. Term Life What it is: Coverage for a specific period of time, such as 10…

Jun 11, 20261 reply