Insurance
Coined by R. Nelson Nash and first popularized in the United States, infinite banking is gaining in popularity in Canada. In a nutshell, it’s a strategy that involves taking out whole life insurance, then borrowing money from your insurance for all kinds of projects. Infinite Banking explained A whole life insurance policy provides benefits for […]
Life insurance helps you feel secure about your family’s financial well-being in the case of a tragedy. Whether or not you are the primary breadwinner in your family, life insurance can help your family cover expenses in the event of your death. Depending on the type of policy or amount of coverage you want, you […]
There are several types of life insurance available. When shopping for life insurance, you have the choice between a whole life policy, with or without participation, term life insurance, and universal life insurance, among others. Whole life insurance is particularly interesting for individuals who want a policy that will not expire. It also includes an […]
Term life insurance or whole life insurance? The age old question rages on, but most of us are still left wondering which one is better. You already know you need life insurance because all the real grown-ups have it. But maybe you’ve procrastinated getting it because the whole process seems complicated and overwhelming. Mix in the […]
In collaboration with Assure Direct The world of insurance can sometimes be difficult to grasp. There are many products available and the vocabulary is complex. As a customer, do you ever wonder if you’re paying the right price for the protection you have? Before taking out an individual insurance policy, it is essential to consider […]
Let’s talk about mental health and how it affects your income. I’ve struggled with anxiety and depression almost my entire life and it has affected my personal relationships, marriage, motherhood, my career and, you guessed it, my money too. There are obvious ways money and mental health go hand-in-hand, but there are less obvious consequences […]
Sponsored By In the first year alone, a new baby can cost upwards of $8000. Over the course of 18 years, your little bundle of joy could come with a price tag of $180,000 – $270,000 in total child-rearing costs. If you were to pass away unexpectedly, a life insurance policy would keep your little […]
Life insurance is a financial product that helps ensure the financial security of your loved ones. In the event of the death of the insured person, the amount of life insurance is paid to the persons designated as beneficiaries, like a spouse, your children, etc. This enables your relatives to cover the costs associated with […]
Very simply put, an insurance broker is an individual or company that acts as an intermediary between a person seeking insurance and a company selling that insurance. Brokers support insurance seekers in comparing and buying all types of insurance, including auto, travel, home, dental, life, critical illness and disability. Although there are several other ways […]
You’ve heard of life insurance and might already have some in place. You or your parents may have bought a policy when you were younger. Or, you could have policies with your employer or life insurance for your debt, such as mortgage life insurance. Still, you might wonder, “How much life insurance do I need […]
When you have a baby, life insurance for kids is the furthest thing from your mind. Getting to know your baby, managing daily care and planning for their future takes top priority. But whether your child is an infant, school-age or an adolescent, you can use children’s life insurance to help set them up for […]
Like Timbits, life insurance comes in a variety of options. What do all the types of life insurance have in common? Beneficiaries are paid an amount of money in the event of the policyholder’s death, money that is tax-free in most cases. Life insurance can apply to a variety of situations; it is a way […]
