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 [...]
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 [...]
The fact of the matter is that many door-to-door sales reps are very poorly trained in both sales and the actual product they are offering. Most have one goal – to sell you the product they are pushing at your door and their training is based around how to make that sale. Being a [...]
Is your income dependent on your ability to generate new listings and sales? Could you afford the consequences of not having your income protected? Click to download our FREE Income Protection FAQ for Realtors to help you decide if income protection makes sense for you. Feel free to reach out to me personally and [...]
When it comes to selecting the insurance policies you need to protect yourself and your family from unforeseen events, you have probably covered all of the basics. Auto insurance, homeowner's insurance, life insurance. Many people never look beyond these main three. There is one particular policy, however, that is often overlooked and that could prevent you from [...]
Despite the sobering fact that one in three working-age Canadians will become disabled and unable to work before they turn 65, a shocking percentage of the population doesn't bother with disability insurance. And even those who do purchase disability insurance often settle for only a short term policy or simplified coverage through their mortgage insurance. [...]
Insurance agents hear the same story over and over again: I know I need life insurance; I just can't afford the premiums. The trouble is that those who feel they can't afford to have life insurance are likely the people who need it the most. Here are a few of the reasons why the argument [...]
Recently, I was working with a physician who told me that she did not feel that she needed to protect her income from disability. “Interesting” I said, and asked her to provide me with her reasoning. Her response was “I don’t believe that I am at risk to become disabled, I am young and healthy [...]
A lot of time and effort goes into shopping for your dream home. You also probably spent a considerable amount of time shopping the market for the best mortgage rate available. Once you made your final decision, the lender offered you Mortgage Insurance to protect your most prized asset. On the surface it seems like [...]
Thought I would share with you some common questions that my clients have asked me about income protection. Do I need to protect my income? I think the better question is, could you afford the consequences of not having long term disability insurance? Undoubtedly your income is very important to you. Your way of [...]
