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Important Things to Know About Long Term Care (LTC) Insurance [Presentation]

Long Term Care (LTC) insurance isn’t just meant only for seniors. You may become unable to care for yourself for 90 days or more at any point in your life and then LTC Insurance can be a life savior in such a situation.

Long term care insurance can cover some of the costs of a care facility or a caregiver in your own home following an accident or illness. Below, in this presentation, we have compiled some of the most important things you need to know about LTC Insurance in Mississauga.

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Are You Reading Your Life Insurance Fine Print?

When you are thinking of getting a life insurance policy, you must realize that it is a legal document which you should know very well before the purchase.

Take your time in reading the document and ask your financial advisor questions until you are satisfied with your plan. Here are the things you should look for.

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What To Look For When Buying Life Insurance For The First Time [Presentation]

Purchasing life insurance is perhaps one of the most important financial decisions you will make for your financial security.

Not only does it protect the loved ones you will leave behind, but it can also be a useful tool well before then. While there are many things to take into account when purchasing life insurance, check out our list of some of the first six things to consider in this presentation when buying Life Insurance for the first time in Canada. Read more

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The Difference Between Surrender Value And Cash Value of A Permanent Life Insurance Policy

If you closely go through your permanent life insurance policy, you will come across terms that sound similar, but mean different.

The list can include terms like cash value, face value, cash surrender value, account value, surrender cost, etc. The differences between these terms can be small but when pulling money out of your policy, they can make a huge difference.

The cash and the surrender value of your permanent life insurance policy are not the same. Let us see where the differences lie and how they matter when you cancel your policy early. Read more

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I Am Buying A Life Insurance Plan In Mississauga – How Much Do I Need?

Most Canadians today, understand the need for life insurance. Standing in 2020, more than half of the Canadian population owns some type of life insurance. However, the number of underinsured cases are still very alarming.

Remember, life insurance is not something you purchase for yourself — you buy it for the benefit of others. Regarding how much life insurance you need, most people make erroneous decisions.

Honestly, no one can give a universal answer to the question – “How much life insurance do I need?” Everyone is unique and everyone has different requirements. It is therefore easy to see why coverage and rates vary from person to person. Read more

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What To Keep In Mind When Going For The Best Life Insurance Plan In Canada

With your growing responsibilities, it becomes increasingly important to protect your present as well as plan for the future. Life insurance is an effective financial planning tool that offers multiple benefits in terms of investment and protection.

But before buying a life insurance policy, it is important to be well equipped with the knowledge to choose the right plan as per your requirement and budget.

Make sure to keep the following points in mind when choosing the best life insurance plan in Ontario, Canada. Read more

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Why should you go for a Whole Life Insurance plan in Toronto, Canada? – The 4 major benefits

By now, you have probably realized the importance of life insurance to protect the financial health of your family. Like all life insurance products, whole life insurance is designed to provide financial protection to the people or organizations that the individuals care for in the event of a death. Read more

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Buying the best Life Insurance plan in Toronto – Why Younger is Better

Getting an affordable life insurance plan as a young adult may not be your topmost priority. After all, you are more likely to be healthy, single and not have a family that depends on you.

And then, with an entry-level job, you may naturally be on a tight budget. So why should you pay unnecessary premiums at this point in your life? Read more