Posted May 7th, 2012
by George Lewis
Here is the conundrum regarding life insurance; when you’re young and healthy you don’t think about it, and that’s when it’s most affordable. By the time you are older, wiser, and have more significant financial responsibility, the premiums become more expensive. So what’s the solution? To buy life insurance when you are young and healthy, of course.
Buying Life Insurance When You’re Young and Healthy Saves Money!
Life insurance premiums are based on several factors.
Read more…
Tags: Healthy, Life Insurance Posted in Insurance News
Posted April 4th, 2012
by George Lewis
If you’re young and in the prime of your life, it’s tempting to ignore the need for life insurance. However, life insurance is an important part of financial planning that can protect the ones closest to you should anything happen to you.
Life insurance can:
- Protect beneficiaries’ quality of life / standard of living in the event they are hit with unanticipated expenses associated with the loss of a loved one.
- Cover outstanding debts.
- Cover college tuition, a mortgage, and/or daily living expenses.
- Cover funeral and burial expenses.
Fortunately for young families, life insurance doesn’t have to be a big expense, nor does it have to be a hassle to buy. You can Read more…
Tags: Insurance, Life Insurance Posted in Insurance News
Posted March 5th, 2012
by George Lewis
Navigating the labyrinth of life insurance is easy if you have the right knowledge—and you’ve come to the right place. To zero in on a type of life insurance that brings great value and protection to you and your family check out term life insurance. Term life insurance is the one of the most common types of life insurance available because it is affordable and is easily customized to fit an individual’s needs.
What is Term Life Insurance?
There are two major forms of life insurance: Term life and whole life insurance (also known as permanent). Term
Read more…
Tags: Insurance, Life Insurance Posted in Insurance News
Posted February 16th, 2012
by admin
When we hear the term life insurance, more often than not our initial reaction is- But I am not going to die anytime soon. We think it’s too far-fetched to imagine our own deaths and thus, dismiss the idea of getting a good life insurance. However, if you ponder over it for some time, you will realize just how important life insurance is for your family and loved ones.
So, what exactly is life insurance? In very simple words, life insurance is one way of insuring that your family remains financially secure in case the earning member of the family dies in some unforeseen circumstances. I Read more…
Tags: Life Insurance Posted in Insurance Quotes
Posted February 3rd, 2012
by George Lewis
Relying on a life insurance policy that’s provided by your employer can be a costly expense in the long run. It seems to be convenient since the policy is usually low cost or free but it often does not provide sufficient coverage if you ever need to use it.
With the instability of the economy; your policy is only in effect as long as you are employed. If something were to happen where you lose your job or switch employers, you lose the benefits of that policy. If you are starting a new job, there is usually a certain time frame you have to wait before becoming eligible for a new employer’s policy.
Read more…
Tags: Employer, Life Insurance Posted in Insurance News
Posted January 10th, 2012
by Amelie Weedon
There are about 101,972 dentists working across Canada making an average salary of $79.75, according to statistics collected by the Canadian Government. The life insurance options needed to preserve the financial future of their families extend way beyond those offered by professional associations.
Below is a breakdown of the individual insurance options available to any dentist working today:
Term Insurance starts off lower in cost and increases as the insured gets older. The term length can vary depending on the policy. As a rule of thumb, the longer the term, the higher the initial premium, but the shorter the term, the lower the initial premium.
Read more…
Tags: Dentists, Life Insurance Posted in Insurance Updates