Insurance Protection / Risk Management - click on title of article / calculator for more information
Articles / Reference
Understanding Your Insurance Protection / Risk Management Options
Depending on an individual's needs, desires and health condition, there are many types of insurance available. These include life insurance, income replacement, critical illness insurance and long term care insurance
Your Emergency Grab & Go
Having your medical information with you could speed things up in the hospital. But you may be distracted as you head out or unable to gather it at all. So in advance, create a file for each member of the family
Calculator / Video
Are you sure you’re protecting what’s most important? A detailed analysis including life, disability and critical illness insurance
Mortgage (Bank) Insurance - In Denial CBC Marketplace aired February 6, 2008
(my apologizes for the extra information / commercial clip that prefaces the investigation)
If you have a mortgage on your home, chances are good you also have mortgage insurance. The idea is that if you should become seriously ill or die before paying off the mortgage, the coverage will kick in and pay it off for you. It's meant to offer peace of mind and to reassure you that your family will be able to stay in your home if anything should happen to you.The reality falls a little short of that. In this week's Marketplace investigation, we meet two families who bought the coverage and thought they were protected, only to have their claims denied when they became sick or died. In each case, the insurer said the applicant person had lied on their initial application form.
It turns out a routine test at the doctor could be reason to deny your claim, if you don't mention it. Had a cuff inflated on your bicep? That counts as being tested for high blood pressure.
As Erica Johnson reports, the bank staffers selling mortgage insurance are unlicensed and rarely trained to explain the details and legalities of those insurance products. The result is people who pay premiums and think they are covered, only to realize later that they are not.
Government of Canada
Credits, Benefits & Incentives for Single People and Families
Income Expense & Budget
Credit & Debt Managment
Retirement & Pension
Estate Administration Tax, Who Pays Estate Administration Tax, Tax Rate....