My reply: Typically, RBC Insurance, Manulife or Canada Life are the three carriers that offer high quality disability contracts that can supplement your Group Long Term Disability (LTD). All three companies are good companies, however, you need to first find out which company offers you the best occupation class. A broker who understands disability [...]
Due to how expensive and limited Individual Health and Dental Plans are, many of my incorporated business owner clients choose to implement a Health Spending Account. This allows them to run their medical expenses through their corporation and deduct those qualifying medical expenses. This is much more tax-effective than paying for medical expenses [...]
This is a post I found on Reddit: I feel like people either think it's a scam/huge waste of money (according to Reddit, my husband, people I know), or the most important financial tool ever (friends who financial planners that I don't work with, financial advisors that I've met with, my estate planning professor [...]
My partner and I are in our early thirties, and we have kids. We’re thinking about getting Term 30 life insurance for $1 million. A broker from one insurance company provided us with a quote of $190 per month for separate policies, is this a good price? You may need $1 millon right now, but do [...]
If you know me, you know I am passionate about insurance. I have seen many clients benefit over the years of having such coverage. I don't believe it needs to be sold, rather we just need to create awareness on how these types of products can protect what matters to our clients. Many have [...]
I know that many brokers simply sell the cheapest term life insurance product available in the market. I do not always agree with that approach and wanted to share with you an alternative solution which you may find valuable, it’s called the Manulife Vitality Program. I will start by saying this program is geared [...]
It’s amazing how COVID-19 has impacted the way we think and feel. I have always believed that you need to treat your mind like a garden. Imagine moving into a new home, and this home has a beautiful garden in the backyard. The previous owner took great care of their garden. They [...]
We have been receiving numerous calls asking how COVID-19 has impacted existing insurance policies and if there is any sort of financial relief available within their plans. To get the message out, we partnered with Barry Choi, a Toronto-based personal finance and travel expert who frequently makes media appearances. His blog Money We Have is one of [...]
Being an insurance broker has nothing to do with how much you sell, it’s all about how much you care. The reward is knowing that you made a difference in helping people recover from the unexpected. This is why I always help, even at times when there is no compensation in return. A good [...]
What’s the best policy for real estate agents? As a real estate agent, it makes sense to have a policy that protects you from a decrease in income as well as a total disability. Many disabilities do not prevent you from working, but definitely have an impact on your ability to earn the same income. [...]
