Joint First-to-Die Life Insurance – Is it Right for You? When purchasing a Life Insurance policy with another person, such as a spouse or business partner, you have two options: 1.) You can elect to purchase two individual policies (“two pots of money”) or, 2.) You may choose to purchase a joint first-to-die policy (“one […]
Term Insurance Vs. Permanent Insurance Time and time again, as life insurance agents, we get asked the same question: “Should I buy term insurance or permanent insurance?” The answer to this question is not so simple. You must first ask yourself: What are my needs, and what can I afford? Simply stated, permanent insurance (otherwise […]
No Medical Life Insurance and The Fine Print More and more insurance companies are delving into Simple Issue Life Insurance products (otherwise known as “No Medical” or “Quick Issue Life Insurance”). These can be great products for clients that may have a difficult time acquiring an insurance policy that is fully underwritten. Usually with Simple […]
What every Employee should know about their Employer Benefits Plan Best Doctors Many insurance companies (i.e. Great West Life, Sun Life, The Chamber of Commerce Group Insurance Plan, etc.) are starting to offer this as a built-in feature. Many employees are not aware that this even exists. It could be considered the most important […]
Why is Disability Insurance Important? It is not difficult to understand the importance of a disability policy for a dentist, seeing as they work with their hands all day long. For a dentist who is graduating at the age of 27, his/her income potential to age 65 (on average) can easily be in excess of […]
#1 – Mortgage Insurance If you have your mortgage insured through your bank with Mortgage Insurance, then you are not alone. Many Canadians are not aware that this is the biggest mistake to make when they get a mortgage (or loan) through their bank or credit union. Not only is it usually much more expensive […]
