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.
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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.
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Tags: Dentists, Life Insurance Posted in Insurance Updates
Posted December 29th, 2011
by George Lewis
Did you know that not all life insurance policies are the same? It’s worth taking note, when it comes to life insurance, it pays to understand the differences between policies so you can choose the policy that fits your specific needs and situation.
Not Your Parents’ Life Insurance
Before we talk about how life insurance policies work today, let’s take a look backwards. When your parents started work, they probably began paying on a term life insurance policy offered through their employer.
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Tags: Insurance Policies, Life Insurance, Life Insurance Policies, Same Posted in Insurance News
Posted November 24th, 2011
by Amelie Weedon
Assumption Life is one of Canada’s leading insurance carriers for non-medical life insurance solutions.
Its basic non-medical policy is called Total Protection and is available with as few as four questions. Face amounts can range from 5,000 to 50,000 and for amounts over $30,000, additional health questions are required. The policies are available to applicants age 18 to 80 and they come with a multi-life discount.
The policies are available on a deferred basis, that is, if death occurs within the first two years, by non-accidental means, the payout is limited to a return of premium, plus interest.
Assumption Life’s flagship non-medical life insurance plan is Golden Protection. Read more…
Tags: Assumption Life, Insurance, Life Insurance Posted in Insurance Updates
Posted November 23rd, 2011
by George Lewis
We hear from consumers all the time who are confused about life insurance rates and are looking for guidance on how to properly compare rates. The fact of the matter is there is no secret approach. In order to truly select the best life insurance available for your needs, you’ll need to spend the time to shop around and compare.
At Efinancial we have developed a platform designed to simplify this process. When you visit Efinancial.com, you’ll find one stop shopping; allowing you to compare rates from top rated carriers. If you have questions, our licensed life insurance advisors can help assess your needs and select the life insurance policy that’s right for your family and you.
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Tags: Compare, Insurance Rate, Life Insurance, Life Insurance Rate Posted in Insurance News