Tag Archives: financial planning

What a Life Insurance Agent Does

A life insurance agent or “producer” is an individual that is licensed sell life insurance products to the public. These agents help individuals, families and businesses with identifying and implementing the most appropriate insurance solutions that is best suited for their needs. A life insurance agent must be very familiar with the vast number of […]

Life Insurance Underwriting

Underwriting is the process that insurance companies use to determine the risk profile of the applicant, whether or not the policy will be approved, and what the premium will be. The life insurance underwriter has many factors to consider before an offer to insure an applicant is made.  Some of the considerations are… –          The […]

Life Insurance Industry Facts

It’s way more than just insurance: Through a wide range of products and services, the life insurance industry helps Canadians to protect themselves and their families against the financial risks of premature death and illnesses.  It also serves Canadians with some retirement planning solutions. Products and services include individual and group life insurance, supplementary health […]

How Much Life Insurance Do You Need? (part 1)

What is your life insurance “need”? Well, to get things started off I think that a distinction between “needs” and “wants” is important. For the sake of simplicity I won’t be discussing other forms of insurance (i.e. critical illness, disability insurance). An insurance “need” arises where there are definite, identifiable risks to the people that […]

What’s the Point?

Let’s face it life insurance is something that you pay for hoping that it will never be used. This fact alone is enough to turn people off of even considering it as a necessity for proper financial planning. It’s interesting that people don’t view car insurance or home insurance in the same way…they see the […]