Life insurance serves many purposes, but one of the top reasons people buy insurance is to replace the income that would normally provide for their family’s lifestyle and long-term security in the event of premature death.
Should you provide financial help to your adult children now or leave them an inheritance later? It’s up to you but giving away some of your wealth while you are still around to see the effects of your generosity can have significant advantages.
It’s easy to imagine using an insurance policy for a water leak damaging office equipment or if you back your car into a post and crush your bumper, but a disability insurance claim is an unpleasant and abstract event.
When people hear the phrase “financial planning” they usually think of RRSPs, TFSAs, and other types of investments. However, life insurance plays a strategic role in the financial planning process.
February is a month for showing people how much you care about them. So make February the month for a family chat about money and your estate plan. Talking about money is never easy but it does show how much you care about them.
Many of us make New Year’s resolutions but few of us actually keep them! That’s okay … the more often we think about lifestyle improvements, the more likely we are to actually implement some. Here are three financial resolutions to consider.
Taking steps to ensure your travel, home and auto insurance coverage is sufficient can contribute greatly to worry-free extended stays in the United States, says Dawn Marchand