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 […]
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Toronto’s Life Insurance Industry
Protection for the People Canada’s life insurance industry has a significant impact on the well-being of the people of the Toronto area. This industry provides a range of financial products that are critical to protecting the financial future of nearly 4.5 million people living in the GTA. The industry… Provides about 3.5 million people in […]
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 […]
Life Insurance and Tax
The tax laws regarding life insurance in Canada are not terribly complicated, but there are certain tax strategies that use life insurance that can be very complex. It’s always recommended to consult your certified tax professional for any tax matter. This article will discuss the basic components of taxes and life insurance and they are […]
Introducing Term Life Insurance
Term life insurance is a great way to get coverage for a specified period of time. Buying life insurance is for the protection of loved ones (or even business partners), to eliminate the risks associated with the loss of an income earner or key person. The use of “term” insurance is often recommended because the […]
Guaranteed Life Insurance
Guaranteed life insurance (or guaranteed issue life insurance) is a life insurance policy that is literally guaranteed to be issued regardless of your health. Sounds good right?? Sort of…but it comes at a price. If you’re considering guaranteed issue insurance, then be absolutely sure that it’s your only option. An independent insurance advisor might be […]
Getting Reliable Life Insurance
Getting life insurance that you can rely on may seem like an oxymoron to many Canadians. Can you breathe easy knowing that your policy will definitely protect your loved ones? Or will they have to fight tooth and nail to process a claim in their most trying of circumstances? Firstly, ensure that you have an […]
Considerations for Your Business
Business owners will attest to the hard work it takes to establish a successful business. The years of hard work personal investment is just too valuable to not be insured When you die, what will happen with your business? Do your plans take into account estate taxation, legal issues, and liabilities? If a key person […]