When it comes to life insurance we naturally first look to cover the breadwinners. Often overlooked are stay-at-home parents. Although the number of stay-at-home parents in two-parent homes has been in sharp decline since the 70’s, according to Statistics Canada 18% of households choose to have one parent stay-at-home. In another study it showed that […]
Critical Illness is a fundamental component to a sound financial plan. What may take years upon years to accumulate could easily be lost as a result of not planning appropriately. The Scenario You’ve done all the right things. Both your husband, 41, and yourself, 40, have religiously contributed to your RRSPs. You’ve both managed to […]
When it comes to insuring yourself, whether it be from an estate planning perspective or simply to protect your loved ones in the event of premature death during your income earning years, it’s a no-brainer. However, purchasing life insurance on the life of your child is often dismissed. Generally, this is because the thought alone […]
Manulife’s Synergy provides comprehensive bundled coverage for life insurance, critical illness and disability insurance. There are several carriers out there who provide these hybrid type products, however, Manulife has taken a slightly different approach with Synergy. The main distinction is Synergy’s unique pool of money concept. How the unique pool of money concept works When […]
No doubt there isn’t anything in your power you wouldn’t do to ensure your child’s safety and wellbeing. Despite not being able to protect them from all of life’s up and downs, some insurers have come to market with products which may act as a safety net specifically designed for your child’s changing needs. Industrial-Alliance’s […]