There is a saying that nothing in life is certain apart from death and taxes. Although death is inevitable, there are some ways to minimize those pesky taxes to ensure that as much of your estate goes to your loved ones as possible. In this case, let’s look at probate fees, which are a type of tax (or fee) levied provincially on accumulated assets at death. Continue reading “Death, Taxes and Probate Fees”
Goodbye rainbow of food groups, hello mindful eating. Continue reading “The Canadian Food Guide: Tips for a Long & Healthy Life”
Life insurance comes in many shapes and sizes and finding the right fit for your life can be daunting to say the least. It can be tempting to simply find the least expensive solution and go with that. But like all products, sometimes the least expensive option can end up costing you more in the long run.
A biopsy study looking for cancer usually involves either a sharp scalpel to remove the suspected tissue or a needle injected into the site requiring examination. What if a simple, inexpensive blood test could do the following: Continue reading “A Fluid Approach to Cancer”
How much Life Insurance do I need?
If you’ve decided that you need life insurance, how do you know how much is enough to protect your family financially in the case of premature death? Continue reading “Life Insurance for Financial Protection”
What is life insurance?
Life insurance helps protect your loved ones financially if you pass away while your policy is in force. You can tailor your life insurance policy to help sustain your dependents’ current lifestyle, housing and education to name a few typical expenses, using a “death benefit” (a lump sum of money). How does this work? When you purchase life insurance from an insurance company, you designate one or more beneficiaries.
Protecting the future financial security of your family and your business.
Life is an adventure full of twists and turns, and learning to navigate it can take a lifetime. Unfortunately, that’s a little too late. That’s why starting a financial plan early is so important. Where to begin though? Read our article on the financial planning hierarchy of needs to learn more.
Starting and running your own business can be both exciting and terrifying. Every day provides opportunities and challenges and you never know what each morning will bring. If you are a business owner and don’t have the right insurance plan in place because you’ve been so busy trying to grow your business, then there’s an opportunity waiting for you right now.
In addition to providing protection and mitigating risks, business insurance can also provide opportunity when it comes to building your business. For example, did you know that a life insurance policy can be used as collateral for a bank loan? It not only protects shareholders, family members, key persons to the business, and the corporation itself, it opens up new doors. Just imagine what you can do.
Take a look at this short video to learn more then reach out to your advisor to see what plan is best for you and your business.
To learn more read our article on How Insurance Provides Security – and Opportunity – for your Business
In May 2017, the Canadian parliament passed the Genetic Non-Discrimination Act (GNA) – formerly known as Bill S-201. This Act, meant to prohibit and prevent discrimination, states that genetic test information can no longer be requested or used in rendering underwriting decisions. How this bill will impact underwriting and product pricing remains to be seen.