Living Benefits

What is the impact of a critical illness?

pdf-html Imagine the impact A conversation with Sam and Anita Sam and Anita, both age 45, want to make sure they’ll be able to meet their lifestyle goals in retirement. They’re maximizing their contributions to company pension plans, registered retirement savings plans (RRSPs) and tax-free savings accounts (TFSAs) to fund their basic needs in retirement.…

Protection from a major health event and a little forced savings for your healthy future self

Protection from a major health event and a little forced savings for your healthy future self. One of the unique features in the Canadian living benefit insurance market is the ability to receive all your premiums back if you don’t claim on the contract. Did you know? With this product, you get a cheque from…

Protecting Your Retirement Income from an Unforeseen Health Risk

We know most people will make it to retirement without suffering a major illness but if you are one of the unlucky ones, what happens now? Would you forego 1% of your annual rate of return to eliminate this risk? Sure, you could use your savings or take out a loan to cover the unexpected…

The Five Big Questions You Need to Ask About Your Workplace Disability Insurance Coverage

Once you understand the kind of coverage you have in place, and coverage that you may want, you’ll be in a better position to make an informed choice about whether or not to add to your existing coverage. By Alexandra Macqueen, CFP® RBC insurance You need your pay cheque to pay your bills, do your…

What is your most valuable asset?

Wouldn’t it make sense to insure your most valuable asset?

Ten retirement myths series: Myth #8

POSTED BY PETER WOUTERS At the risk of sounding nitpicky, governments don’t pay for anything. Working Canadians do. Taxpayers do. Taxes are directed to certain areas of need. Growing needs and rising costs means that there isn’t enough public money to go around. That reality is hitting retirees and will hit them harder as time goes on.…

Who Pays for medical expenses in Quebec?

Why Critical Illness Insurance?

Should you retire early or retire late?

By Dave Dineen – sunlife.ca There are some important issues to consider when deciding the right time to retire — and they’ll have an impact on more than your wallet. When I was 57, I’d been retired for 3 years. Most people I talk to assume that I’m lucky, lazy, rich or ill. (Disclosure: I’m…

How you can reduce your risk of dementia

By Joy Blenman sunlife.ca From finishing high school to getting a hearing aid if you need one, here are 9 things you can do to reduce your risk of getting dementia. Dementia is a significant global health challenge for the 21st century. According to the 2015 World Alzheimer Report, 50 million people in the world have dementia,…

Living Benefits

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