Insurance

Assessing the risk of cognitive disorders for LTC insurance

grocery shop use transportation prepare meals use the telephone manage medications IADL functions tend to be complex, requiring a combination of physical and cognitive capacities. For example, shopping requires mobility and a relatively intact cognition to handle the financial transactions involved. Loss of IADLs are, in some ways, a precursor to future loss of ADLs. […]

By Hélène Michaud |August 19, 2009

6 min read

Creating your own LTC plan to support clients

When will I (be able to) retire? Will I be able to afford inevitable uninsured retirement medical expenses? Who will I end up caring for: my parents, my in-laws, my spouse, my friends? Mary is going to use her own eldercare experience to help define her personal LTC plan so she can better understand how […]

By Karen Henderson |August 12, 2009

5 min read

Premium Advice: Succession planning and your vacation property

Last summer, we discussed the case of Todd and Joanne Winchester, two siblings from British Columbia who had vacation properties. See that article here. We looked at many things, including estate protection to ensure the properties could be enjoyed by the next generation. However, I glossed over the technical details on estate protection. This month, […]

By Chris Paterson |August 5, 2009

3 min read

How to overfund UL

“What?” you might say, “I didn’t know universal life insurance (UL) had an expiry date!” Relax. You’re right. UL doesn’t come with an expiry date. As long as you pay the premiums on time, you’re covered. “But if lifelong payment seems like a long commitment, universal life has a clause—quick-pay UL insurance—that allows the insured […]

By Jim Otar |August 1, 2009

3 min read