Insurance Product Review

Buildings Insurance

Buildings Insurance Buildings insurance is a relatively self-explanatory term; essentially it covers the building from damage. In this instance the term building means just the bricks and mortar, the physical structure of the house, it can, and frequently also covers permanent fixtures such as the kitchen or bathroom suite. Some buildings insurance policies will also […]

Automobile Insurance

Automobile Insurance: According to the Insurance Education Foundation, there is a 70% chance a person will be involved in an automobile accident within the first three years of driving. There are four types of coverages available for automobile insurance. 1. Liability insurance covers the insured if injuries or damages are caused to other people or […]

Buy Life Insurance

An insurance company will pay higher commissions to those who sell whole-life policies, which is why many agents push this policy before a shorter term. How to buy life insurance Mail order The Internet The Internet An agent who only gives you a quote from one company is obviously only allowed to sell one company. […]

Canada Life Insurance

Canada Life Insurance is a Canadian company.  All  insurance companies know , that you are insuring against some unfortunate mishappening , and if something does unfortunately goes wrong then you or your family are protected. You may end up paying in more than you will get out of the plan this is no different to […]

Critical Illness definations

Coma A state of unconsciousness with no reaction to external stimuli or response to internal needs, continuing for at least four days. Life support systems must be required throughout the period ofunconsciousness. Loss of Speech The total and irreversible loss of the ability to speak as the result of physical injury or disease which must […]

Critical Illness – Illness covered definations for LifeCare

Covered Impairment Definitions The LifeCare Benefit pays you a one-time, lump sum benefit if the Insured is diagnosed with one of the covered illnesses or has undergone a covered procedure as defined and specified below. Cancer (Life-Threatening) A malignant tumour characterized by the uncontrolled growth and spread of malignant cells and the invasion of tissue. […]

Why Critical Illness Insurance Plan ?

Why Critical Illness Insurance Plan ?…. – Changing demographics. – Medical breakthroughs mean more people are surviving and living longer. – Increasing incidence rates. – Government cutbacks. – Employer cutbacks. – Increasing awareness of financial burden. Some Facts and Figures Critical Illness Claims People assume: “It won’t happen to me!” … but you are never too young […]

Universal Life insurance-Insurance and Investments

Insurance and Investments. Universal Life insurance is a combination of two parts: life insurance and an investment account.You decide what to do with each part, so you can put together a product that fits your needs and goals. Both premiums (payments) and benefits are flexible. Your payments can be used to buy life insurance and […]

Term 30 R & C – Plan Description

Term 30 R & C – Plan Description Preferred ($250,000 – $5,000,000) Non-Preferred ($50,000 – $249,999) 30 Year R&C Term is a non-participating guaranteed renewable and convertible plan. The premiums are guaranteed and remain level for a thirty year period. The policy can be renewed (without evidence of insurability) for subsequent 30-year periods. It is […]

Critical Illness Insurance T10

Critical Illness Insurance T10 covers the insured in the event of a specified critical illness. T10 is a 10 year term plan renewable to the anniversary closest to the insured’s 75th birthday. Premiums are guaranteed. Benefits are payable to the insured as a one-time, lump sum benefit if the insured is diagnosed with one of […]