Life insurances have become a necessity now days. Everyone wants to get the better deal life insurance in order the get the maximum possible benefit from the insurance. Most of the companies are attracting the persons by offering the attractive deals but in reality they have placed a lot of hidden facts about the deals they are offering. Though the trend of life insurances have increased but it is also true that finding the better deals of life...more
Life insurance is an essential factor in everyone's life and especially for the ones having a family relying on their income. Even in some instances where the family is not dependent on your income, it can still be a good idea to take such insurance to help them cope with the highly upsetting and difficult event of your death. However while we all know it is a good idea to take insurance, it is difficult for most of us to know how to compare life...more
A sole income provider with a large family and sudden death, nothing can go worse than that. Beyond this life is imaginable. A family leading a decent life may have to fight hard to survive especially if you were the bread earner of the family. You never know when you might die, so it becomes important to have a Canada life insurance policy that covers your family. You would want your family to live a better and a comfortable life in case you pass away. This is possible only if you have saved enough. However, in case you had not saved enough, the insurance company will undertake most of the tasks you were handling like covering car payments, mortgage, repair of house and utilities, property taxes, car payments, school and college fees just to name a few. You should have funds meant for young kids under the management of a trusted person to avoid its mismanagementLife insurance can help in settling your debts and your spouse to retire comfortably. Expenses that can paralyze your family's financial status may include credit cards, funeral and medical expenses among others. When these debts are settled you can be assured your family will not have financial crisis trying to straighten...more
Life insurance for many people is something of an enigma. There are many different companies offering BMO life insurance, TD life insurance and CIBC life insurance to name a few, but many people do not agree the sentiment of needing money after your death. But the fact is everyone is not well settled and this set of people they can make do with the...more
How personal bankruptcy impacts your life insurance policy By Dawn Reiss, Life Quotes, Inc.Filing for bankruptcy is usually person's worst nightmare, but when it comes to protecting your assets (including the value of your life insurance policy), information is key.A life insurance policy is considered valuable property, which means...more
"Fun is like life insurance; the older you get the more it costs"Kin HubbardWe have all heard about the importance of rupee cost averaging when it comes to investments but very rarely do we realise that the concept can and should be used even when buying financial protection through life insurance.In our earlier posts, we talked about how insurance gets more expensive with age and have also covered the basics of how to determine how much insurance is adequate for an individual. Just as a recap, insurance requirements change with time and life stage and should largely be a derivation of the needs you are trying to provide for whether its normal family expenses in the event you are not around or specific financial requirements for events such as a child's marriage, education etc.In the figure attached we try and explain the importance of starting early and increasing your insurance cover with time to be adequately insured whilst reducing your premiums through rupee cost averaging by locking in lower premiums at lower ages. * The most important consideration is to make sure that you take insurance early on in life for the maximum term (duration of the policy) that is...more
Life Insurance for Police Officers and Other Law Enforcement Individuals First thing first, is there such a thing as police officer life insurance? Not really, but there is such thing as the right company and underwriter for life insurance for...more
The Many Options of No Medical Exam Life Insurance. What Is Best? When no exam life insurance started to be offered, it seems that all that was available was fast online response companies. You got approved or declined on the spot. Insurance...more
Rotator Cuff Muscles Injury – Taking Care of Injured Rotor Cuff When you've injured your rotator cuff muscles, you can apply heat to the injured area for instant relief. If there is swelling, use an ice pack. If there is sign of swelling,...more
So, do you have to take an exam to be approved for insurance? To briefly answer this question, the answer is no, you do not have to take an exam to be granted a life insurance policy. As a matter of fact we know of at least one company that does not...more
Here's a list of 51 simple, and not-so-simple ways to improve the quality of your life. I added the "not-so-simple" not to be negative, but to keep things real. Some of these really aren't so "simple", but I promise the tough ones become easier when...more
Life insurance for seniors is just as important as it is for anyone else. There are a variety of reasons that you, as a senior, would benefit from life insurance, not the least of which is to be sure that your estate is taken care of in the event you...more