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Insights

Insurance & investment guides for Canadians

Clear, practical explanations of the things clients ask me about most — written in plain language, with no sales pitch.

The 4 IRCC Super Visa Insurance Requirements 1 $100,000 minimum emergency medical coverage per person 2 365 days valid one full year from the date of entry 3 3 coverages health care, hospitalisation & repatriation 4 Approved Canadian insurer or OSFI-authorised foreign insurer
Featured · Super Visa

Super Visa Insurance Requirements in 2026: The Complete Checklist

The insurance rules are the single most common reason Super Visa applications get refused. Here is exactly what IRCC requires in 2026, and the four mistakes I see families make most often.

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Four registered accounts, four different jobs ACCOUNT 2026 LIMIT TAX DEDUCTION TAX-FREE OUT BEST FOR FHSA $8,000/yr · $40k life Yes Yes (first home) First home RESP $50,000 lifetime No Taxed to student Kids’ school RRSP $33,810 max Yes No — taxed later Retirement TFSA $7,000/yr No Yes, always Everything else FHSA is the only account that is deductible going in AND tax-free coming out — which is why it usually goes first.
Investments

RESP, RRSP, TFSA or FHSA: Which Account Should You Fill First?

Four registered accounts, limited money. The right order depends on your income, your timeline and whether you're buying a home — not on which account is 'best'.

How much coverage? Add it up, then subtract. D Debts Mortgage, loans, cards + Income 7–10× annual income + Future Education, childcare Existing Group + current policies = YOUR COVERAGE GAP The number that actually matters — not a rule of thumb, and not what a calculator guesses. Worked example: $420,000 mortgage + $650,000 income replacement + $80,000 education − $150,000 group coverage = $1,000,000 of coverage needed.
Life Insurance

How Much Life Insurance Do You Actually Need?

"Ten times your salary" is a starting point, not an answer. Here's the calculation I actually walk clients through — and why most families land somewhere the rule of thumb never would.

Term vs Whole Life — different tools, different jobs TERM LIFE Covers a set period (10, 20, 30 yrs)Lowest cost per dollar of coverageNo cash valueExpires — renewal costs moreConvertible to permanent later Best for: mortgage & young family years WHOLE / PERMANENT Covers your whole lifeTypically 5–15× the cost of termBuilds cash value you can accessNever expires if premiums paidUseful for estate & tax planning Best for: lifelong needs & estate goals Most families are best served by term — or a mix of both. Neither is universally “better”.
Life Insurance

Term vs Whole Life Insurance: An Honest Comparison

This debate generates more heat than any other question in insurance. The truth is unglamorous: they are different tools, and the right one depends entirely on what you're trying to do.

Your first year in Canada — what to arrange, and when 1 Before arrival Visitor / super visa medical cover 2 Days 1–90 Apply for provincial health card 3 Wait period Private coverage fills the gap 4 Months 3–6 Life & critical illness in place
Newcomers

A Newcomer's Guide to Insurance in Canada

Canada's healthcare system is genuinely good — and it will not cover you on day one. Here's what newcomers need to arrange, in what order, during that first year.

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