AndrewWBradley.ca provides you with all the tools you need to make a sound life insurance purchasing decision. I offer you access to over 25 life insurance companies. (one of the largest databases available) Fast online term life insurance quotes, easy to follow instructions, and I pride myself in providing you with the highest level of service in the life insurance industry. Never has purchasing life insurance been more convenient and economical. Our large carrier database means No One offers you lower premiums.
Each family's situation is unique from every other. Because of this, there are no absolute rules for determining how much life insurance you should purchase. Buying the right amount of life insurance involves answering an uncomfortable question: How much money would your dependents need if you were to die prematurely? The answer will likely be more than you think. Major personal finance magazines recommend a life insurance coverage amount from 5 to 10 times your annual earnings. Use our life insurance needs calculator to help you estimate how much life insurance you need.
Banks and Brokers selling mortgage insurance are unlicenced and are not trained to explain the details and legalities of insurance products. The result is people who pay premiums and think they are covered, only to realize later that their claims denied when they became sick or died.
Segregated Funds are similar to Mutual Funds but are offered through Insurance Companies.The Benefits of investing with Segregated funds:
• Principal guarantees at maturity and at death
• Market gains can be locked in and guaranteed
• Possible creditor protection
• Avoids probate with proceeds going directly to beneficiaries
• By Passes the will – great for succession planning
• Investment Options are similar to Mutual Funds.
• The risk/return is similar to Mutual Funds
• Managing Risk – wraps and “fund of funds” portfolios
• Leveraged Investments with Seg Funds
Aside from planning his client’s finances for post-divorce life, another part of service is to examine the financial disclosure statements of the other party in the divorce to determine if the offer his client receives is reasonable. It's important to have somebody on your side, who understands it, gives you fair and reasonable advice so you can make the best informed decision that you can for yourself.