Posted May 8th, 2012
by Amelie Weedon
Bingham Group Services Corp. provides the only guaranteed issue disability insurance plan in Canada.
We provide disability protection on a No Questions-Guaranteed-Issue-basis up to $3000 per month,” says Paula Cook, a Bingham Group Services Corp. account manager and Certified Health Insurance Specialist.”This is singularly unique in Canada.”
Those considering this plan for their disability insurance needs will enjoy the luxury of never having to answer health questions or undergo medical tests.
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Posted in Insurance Updates
Posted April 5th, 2012
by admin
Life insurance offers the necessary coverage and benefits over an extended period of time. Over the course of the insurance, you may need to take the necessary steps to maintain your insurance coverage. There are several basic life insurance policy maintenance tips that you can apply in order to keep your policy up to date.
First of all, consider making the necessary adjustments to your life coverage should your life circumstance changes. Getting married or having children means having more loved ones to protect, so you might want to review your existing life insurance policy and make the necessary adjustments.
If you use a whole life insurance, the only thing you need to do in order to keep your life insurance policy in force is keep up with the insurance premium payments. Read more…
Tags: Life Insurance Tips Posted in Insurance Updates
Posted March 26th, 2012
by Amelie Weedon
Bingham Group Services Corp. (BGS) offers a no medical guaranteed issue life and disability creditor insurance policy.
The plan is underwritten by Foresters Life Insurance Company and is available without health questions and without medical tests. It has the softest terms and conditions in the industry — as in, the most consumer friendly.
The insurance is portable and has automatic term renewal until termination (up to 35 years amortization). The life insurance is available to applicants 18 to 69, up to 500,000.
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Tags: Disability, Guaranteed Issue Posted in Insurance Updates
Posted March 18th, 2012
by Amelie Weedon
The chancellor looks to be on a collision course with motoring groups after he failed to drop plans to introduce a 3p a litre petrol price increase set to hit forecourts in August.
Despite oil prices hitting $125 a barrel, and the price of unleaded petrol expected to rise above £1.40 a litre this week, George Osborne chose not to help hard-pressed motorists with a further duty cut.
Osborne, who scrapped the annual fuel tax escalator and cut fuel duty by 1p in his March 2011 budget, said fuel would have been 6p a litre more expensive had he not taken his previous action.
He told the House of Commons he has eased the burden on the motorist by £4.5bn and said fuel duty would not rise faster than inflation, unless oil prices were to fall below £45 a barrel – around a third of the current price of crude oil.
In the runup to the budget, various motoring groups had campaigned for a further duty cut arguing that record high petrol prices were having a disastrous effect on individual household budgets and the economy as a whole.
Since March 2010, the price of petrol has risen 23.24p a litre or almost 20%. For
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Tags: Increase, Price Increase Posted in Insurance Updates
Posted February 29th, 2012
by Amelie Weedon
You’ve dreamt all your life of owning your own home, and now you do. Congratulations. But before you start adding all of those features you’ve always wanted to have in your house and yard, consider the fact that some of them are going to cost you extra when it comes time to write out your check for homeowners insurance.
We’re not saying that you shouldn’t add anything you want to add. We’re just saying that you need to consider the ongoing costs before you do. With that said, here are some of the coolest things you can add to your home or yard that might cost you a bit extra on your homeowners insurance policy:
- A water feature. Whether i
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Tags: Home, Home May Posted in Insurance Updates
Posted February 20th, 2012
by Amelie Weedon
Industrial Alliance offers two simplified issue life insurance plans without a medical.
The first plan, The Alternative, is available for individuals six months to 80- years-old, and premiums are payable limited number of years depending on the applicant’s age.
The policy has a short series of health questions and the premiums are guaranteed to never increase. The face amount is also guaranteed. The one caveat with the plan is, if a death occurs by non-accidental means within the first two policy years, the payout is limited to a return of premium, plus 5% interest.
The Prospective policy is also available without a medical, but there are a longer series of health questions.
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Tags: Issue, Simplified Issue Posted in Insurance Updates