With whole life Insurance, your premiums are locked in for your entire life. This policy also builds cash and interest over time, which can be used to increase the benefit or purchase additional coverage. You can also opt to receive insurance dividends, which are tax-free, or you can borrow against them if you need quick access to cash.
Protect your mortgage and cover financial obligations in the event of death, critical illness, or disability with term insurance. Unlike many mortgage insurance policies, term benefits aren’t married to the value of your mortgage, but are guaranteed for the life of the policy. Should you pass away during the term of the policy, your beneficiaries will receive tax–free payments that they can use as they see fit, such as pay off the mortgage, loans, or funeral expenses.
Health and Dental Plan benefits generally include dental care, eye care, prescription drugs, semi-private or private hospital expenditure, hospital bills, medical travel, catastrophic coverage, fracture assistance and accidental death & dismemberment.
Canadians are travelling overseas in ever-increasing numbers. Whatever your destination, preparing before you leave and staying in good health while travelling can help you to have enjoyable trip. Travel Insurance can help you when you leave behind Canada’s support systems.
What is RESP? It is a special savings account registered with the Government of Canada to help you, your family or friends saving early your child’s education after high school. You will not be taxed on the interest, and your child can usually withdraw the money tax-free.
Since Dec 2011, parents and grandparents of Canadian citizens and permanent residents are eligible to apply for Super Visa which is valid for up to ten years. It allows them to stay in Canada for two years at a time without the need of renewal of their status.
The cost dental medicines and soar high and skyrocket. But with a Health and Dental Insurance, you can have your entire treatment without denting your finances. These policies generally include benefits for hospital expenditure (private & semi-private), dental care and also prescribed medicines. Some companies also provide the cost of travel treatments and also for accidental deaths.
It might be hard to imagine now, but chances are you’ll need some help taking care of yourself later in life. The big question is: How will you pay for it? Buying long-term care insurance is one way to prepare. Long-term care refers to a host of services that aren’t covered by regular health insurance. This includes assistance with routine daily activities, like bathing, dressing or getting in and out of bed.
Are you visiting Canada anytime soon? Whether as a tourist or as an immigrant make sure that you and people accompanying you are covered under visitor Insurance to Canada travel Insurance. There are many tourists or Canadian visitors who think that they do not require visitors travel insurance. They believe that nothing will happen to them. But it has and is happening to many visitors across the country and the world. Visitors insurance makes you secure and worries free in Canada.
It provides a tax-free monthly benefit to those who suffer a debilitating injury or accident,, disability insurance can help by replacing a portion of your income over the short or long term.
It provides a tax free lump sum benefit to the insured in the event of being diagnosed with a covered critical illness. With critical illness insurance, you have the freedom to solely focus on your recovery.
It is a special savings account registered with the Government of Canada to help you, your family or friends saving early your child’s education after high school. The money in the RESP will be invested so it can grow and earn interest.
An annuity protects you from the risk of outliving your money and helps to cover basic expenses in retirement. Your income will be secure from both market and interest rate risks – and, if you buy your annuity with non-registered savings, you could also benefit from tax savings.
A Registered Retirement Saving Plan, or RRSP, is a special type of investment account designed to help Canadians save for retirement. The main advantage of an RRSP account, as compared to a regular investment account, is the tax benefits it offers. TFSA designed to encourage Candians to save and invest for short, medium or long-term goals.
A registered investment advisor (RIA) manages the assets of individual and institutional investors. As a buy-side investment service and fiduciary, RIAs must register with the SEC and state regulatory agencies.
The RRSP rules allow an individual to contribute to an RRSP for his or her spouse
Lifetime probability of developing some form of cancer in someone`s lifetime.
Post-secondary education is costly and since it’s going to be more expensive in the future, you have to be prepared for it. To save yourself and your child from loads of their education cost.Read more
Your Personal Insurance remains intact even if you switch lenders BANK MORTGAGE INSURANCE when you switch.
The term travel insurance can be often confusing for new travelers as this is commonly used to.Read more