New Year's Financial Checklist As we enter a New Year and decade, this presents an opportune time to ensure your financial affairs are in good order. From adjusting RRSP contributions to reviewing your beneficiaries on your life insurance policies, please [...]
Advantages of Using Life Insurance for Corporate Investing For business owners including those who own a professional corporation, once they have decided on paying themselves with salary and/or dividends, they should evaluate where to invest their corporate retained earnings either [...]
Current Date or Save the Age When Applying for an Insurance Policy When applying for Life insurance, critical illness or disability insurance, life insurance companies will date the insured closest to their next birthday. Example, a client, let's say named [...]
How to prepare for a Life Insurance, Disability or Critical Illness Insurance Examination Depending on your age, medical history, face amount or insurance company, a medical examination is often required as apart of the life insurance and critical illness insurance [...]
Critical Illness Insurance - Factors to Consider Before Applying? Recent studies show that an average 25-year-old male non-smoker has a 24 percent chance of having a critical illness (cancer, heart attack or stroke) prior to turning age 65. In other [...]
What Happens if My Life Insurance Company Became Insolvent? As a licensed insurance broker I always shop the Canadian life, critical illness and disability insurance market to find best possible insurance solution for my clients. In the course of this [...]
10 Factors to Get Best Term Life Insurance Policy Term life insurance rates in recent years have become much more competitive in the Canadian marketplace. It is not uncommon to see policies written 10 plus years ago to be replaced [...]
Applying for Life Insurance With a Criminal Record A few years ago, I met with a client in what was at the time my office located in Burlington, Ontario to discuss his life insurance needs. We completed a full needs [...]
Foreign Travel Impact on Life Insurance A few years ago, as apart of a client's financial planning we determined that she had a need for life insurance. She wanted to ensure her mortgage and student debt was covered, in case [...]
Factors That Influence Your Mortgage Rate and Qualification Once upon a time in the Canadian mortgage lending landscape, the mortgage interest rates were pretty much universal. If you qualified for a mortgage you generally qualifed for the best available rate [...]
