Insurance Blog

Seniors burial insurance is insurance for seniors that covers burial expenses when you die. These are generally smaller policies with coverage amounts designed to only cover the cost of a burial in Canada. The typical cost of a burial in Canada, according to CanadianFunerals.com, is between $5,000 and $15,000. In the industry, it's known as "The Good Turn Out" price because that's what most people say they want when it comes to a burial. It includes just a basic burial without embalming, dressing, and viewing, ...
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We all know that as you get older, your health becomes much more of a concern and many assume that their various health problems, along with their advancing age will disqualify them from being able to purchase life insurance ...
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You have worked hard to build a fantastic life for yourself, but what is that life worth if you don't protect it? Your financial advisor has likely given you several pieces of advice that will help you keep your future. The first piece of advice is to set aside at least three months earnings for unexpected emergencies. The second piece of advice is to prepare for the worst. That "worst" situation for a family would be the sudden death of a breadwinner, especially one who ...
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Did you know that only two thirds of Canadians have life insurance? Among the reasons why some Canadians are uninsured is the thought that there is no life insurance for the sick. Life insurance companies only underwrite healthy people because they are low risk, right? Wrong. There is such a thing as life insurance for the sick, and it is likely far more affordable than you think. Of course, the younger and healthier you are, the easier it is to obtain life insurance for a ...
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Passing away is not known as a jubilant time for anybody involved in the process – the deceased, the family, the friends, or the coworkers. Passing is always accompanied by grief, a profound sense of loss, and many arrangements to be completed in a short period of time. With this being said, if you have recently lost a loved one and want to learn more about graveside service, doing some research into this and other aspects of funeral arrangements could help you give your loved ...
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You've heard it all your life – the importance of life insurance. When you have people depending on you financially, your sudden passing could leave them missing more than your loving presence. Being financially destitute could add to their stress. The younger and healthier you are, the easier it is to get life insurance; but what about retiree life insurance? Thankfully, seniors – even those not in the best of health – have life insurance options. Retirement is no joke. It comes around for many ...
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A survey commissioned and released in April 2013 by The Canadian Life and Health Insurance Association (CLHIA) and conducted by Leger Marketing, found that a large majority of older Canadians would not be able to afford the high costs of long-term care. Most notably, the study revealed that few older Canadians are using insurance to prepare for potential long-term care costs. Many of our American friends down south are making use of this method to pay for senior home care in Austin, MN, and across ...
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Plans for after you're gone can be daunting, but there are people out there to help. For estate planning, you can find an estate planning attorney Denver CO area for example to sort you out. Then you need a broker. But which broker is best? is a bit of a loaded question, especially since it's so hard to determine what particular talent makes a broker the best at life insurance in Toronto. Are they the best at making money? Do they sell the best life ...
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Permanent life insurance policies for seniors in Canada come in three distinct varieties. The first type of permanent life insurance policy for seniors in Canada is a term 100 insurance. This type of policy provides fixed premiums and lifetime protection. Term 100 policies generally do not build a cash value ...
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Death is tragic, inevitable and uncertain, but there is a way to take back a little piece of mind and at least given your family financial certainty in the untimely event of your death. Burial insurance for seniors is one of the myriad of insurance options available to cover your final expenses. Numerous sources point out that funeral expenses in Canada can top at least $10,000. This includes the funeral services, the burial method chosen, flowers, catering, death notices, etc. You can cover your final ...
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