Tag Archive for: Critical Illness Insurance

A recent study found over 8 million working Canadians are at risk of going into debt, delaying retirement or downsizing their home in order to cope with a critical illness.  When a critical illness occurs, the primary financial impacts are loss of income and inability to meet living expenses.

Critical illness insurance was created (by a doctor, not an insurance company) to help address these issues.  It provides a lump-sum payment upon diagnosis of any one of up to 25 serious illnesses, including heart attack, stroke and cancer. Read more

No parent likes to consider the likelihood that one of their children could get critically ill, be diagnosed with a childhood disease, or even pass away. The reality is that the prevalence of many childhood diseases is rising (i.e. diabetes). The emotional and financial stress that the whole family experiences through these times is significant.

In light of these realities, what discussions should you be having with your advisor regarding insuring your children with a life or critical illness insurance policy? Read more

Know What You’re Getting From Your Financial Advisor

Do you know how much you are paying your financial advisor? Are they doing a good job for you? Those both seem like reasonable questions, but most people cannot answer them. Can you?

One of the services that financial advisors provide is to manage your investments. When it comes to the world of investments, there are many different types you can choose from as well as many different people that offer them. So it’s no wonder that it can leave consumers with their head spinning. Here’s some information to help you make sure that you are receiving the best service for your situation. Read more