Risk Management
Original post: criticaluncovered.ca You’ve agreed critical illness insurance is the right fit for your financial security plan, you’ve worked with your advisor to determine the right level of protection and you’ve completed your application – now what? Well, before you’re officially covered, the insurance company carefully looks at your application – this process is called…
Read MoreBy Louise Armstrong – Foresters Blog Do you have an estate? Many people think they don’t but if you have assets, then you have an estate. It’s made up of everything you own including your home, your life insurance policies, your investments and even the brooch that was passed down to you from great Aunt Ethel.…
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A serious illness can threaten your finances as much as it threatens your health. Find out what you can do to protect yourself and your family. No matter how well you take care of yourself, you may one day get a call from your doctor with bad news. And while Canada’s universal healthcare system definitely…
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Original Post: criticaluncovered.ca These days, there are many different types of insurance designed to protect one of your biggest assets: Yourself. There’s life insurance, health insurance, long-term care insurance—some celebrities even protect specific parts of their body against the possibility of injury. And while you might not need to insure your teeth for $30 million…
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By Pira Kumarasamy – Foresters Blog When it comes to planning your financial future, life insurance is a key piece of the process – particularly for those of us with families or partners. But once you start to complete the application with your life insurance agent or advisor, you may be taken aback or made uncomfortable…
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Original source: criticaluncovered.ca “No risk, no reward,” is a cliché we’re all familiar with, but as a savvy business owner, you recognize the importance of balancing risks and opportunities to position your company for success. To protect profitability, you’re constantly strategizing about how to strengthen your business against risk – whether the threat is an…
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Your home is probably the biggest investment you’ll ever make. When you arrange a mortgage with a financial institution, they may ask you if you want to insure your mortgage through them. But mortgage insurance from your bank or mortgage lender may not be your best alternative. Consider Term Life Insurance which is portable to…
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By Dr. Loraine Oman-Ganes, MD, FRCPC, CCMG, FACMG, Chief Medical Director, Sun Life Financial Understanding your risk of breast cancer can help you and your doctor prevent it, or find it and treat it. We know vastly more about breast cancer now than we did 15 years ago. This has led to earlier, more precise…
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By Sheryl Smolkin – brighterlife.ca Does your T4 say you made more than you thought you did? Perhaps you didn’t consider your taxable benefits. Find out what is and isn’t taxable. When you get your T4 slip in January or February, you may wonder why the employment income reported in Box 14 is higher than…
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An option to consider – the Corporate Insured Retirement Program with Corporate Borrowing With this financial planning strategy, your corporation deposits funds into a permanent life insurance policy in excess of the amount required to cover the insurance and other policy costs. In the future, your corporation assigns the policy to the bank as collateral…
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