Insurance

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

Teams perform better than lone-advisors

A life insurance licence has proven its worth during this downturn. Specifically individual life insurance sales, which held up remarkably well in what has been an extraordinarily bad recession, according to recent data from LIMRA. “Canadian life insurance sales were relatively level, with only a 1% decline for annualized premiums in the first quarter of […]

By Mark Noble |August 1, 2009

5 min read