What Will Be Sacrificed
Many believe that if they need long term care, either in their home or in a facility, that the cost will be covered by provincial health care or other government agencies. While there are certain programs available, a significant portion of these costs are the responsibility of the patient. Ted and Martha had been retired […]
How you can benefit from this flexible life insurance
Glenn had thought of his life insurance purely as a protection plan. The anti-avoidance rules, risks and general restriction of tax benefits applicable to most shelters prompted him to take a new look at his life insurance for tax deferral as well. A type of policy, called Universal Life, separates the cost of insurance and […]
The truth about term insurance
You may not be ready for this. Despite all you may have heard, term life insurance is not better than permanent life insurance! And whats even more confusing, permanent life insurance is not better than term life insurance! Mathematically speaking, they’re equivalent.Term insurance is cheap initially, but its premiums usually increase at regular intervals, generally […]
