Universal Life Insurance – Protection for today and into the future

If you’re like most people, you will purchase life insurance to protect your family if something unexpected were to happen to you. And, of course, that’s exactly what life insurance is for. But did you know that a universal life (UL) insurance policy includes a savings component along with your protection plan? When it [...]

By | February 15th, 2017|Life Insurance|Comments Off on Universal Life Insurance – Protection for today and into the future

Blending families? Remember to review your insurance needs

The 2011 Canadian census revealed nearly half a million blended or “step” families (made up of married or common-law couples with children from previous unions) in Canada. If you’re among them, you may be dealing with several challenges. You may be adjusting to new living arrangements. Your children or your partner’s children may have changed [...]

By | December 3rd, 2016|Financial Advice, Life Insurance|Comments Off on Blending families? Remember to review your insurance needs

A traditional approach to life insurance may be costing you money

The usual way of purchasing life insurance is to determine how much coverage you need, how many years you need it for, then get one product. For example, you might purchase a $400,000 policy with coverage for 20 years. The drawback is that insurance needs typically decrease over the years. Thus, you can end up [...]

By | December 2nd, 2016|Financial Advice, Life Insurance|Comments Off on A traditional approach to life insurance may be costing you money

Where do you get your financial and life insurance advice?

Everyone has that uncle, or best friend, who has a hot stock tip or who can get you in on the ground floor of the latest thing since the iPod. Are they right? Will they help make you financially secure? Maybe. But are you willing to risk your financial future on it? If you’re like [...]

By | November 8th, 2016|Life Insurance|Comments Off on Where do you get your financial and life insurance advice?

Life Insurance vs. Lenders’ Mortgage Insurance

Mortgage insurance that protects you and your loved ones – not your lender Congratulations on your purchase of your home! Whether it was last week or 6 years ago your home purchase was one of the biggest you will ever make and for that we say, Way To Go! By now you have likely decided [...]

By | July 9th, 2015|Financial Advice, Life Insurance|0 Comments

The Importance of Beneficiary Designations

For many benefit plan participants [or persons], naming a beneficiary for the life insurance portion of their firm's group insurance plan [or other life coverage] is something that's done at the time of enrolment [or application] and then it's pretty much forgotten. Not only is it quite important to designate a beneficiary, it's something that [...]

By | November 19th, 2014|Beneficiary, Benefit Facts, Employee Benefits, Life Insurance|0 Comments