QUESTION (from a 38-year old, self-employed, married man; earning over $70,000 per year): Why would I need disability insurance? If I got sick, I can get EI benefits, right? QUICK ANSWER: Yes, if injured or sick, you can file a disability claim through Employment Insurance. If approved you would receive 55% of your weekly …
Each day this week, I will post a question that I have been specifically asked and my (paraphrased) response. Feel free to comment and share. QUESTION (from a 48-year old married man, with 2 children): My kids are 11 and 2. They don’t need insurance. Why would I do that? I don’t even want to …
QUESTION (from a 54-year old, single woman): I have no dependents and no mortgage on my home, so I do not need life insurance. (more of a statement, than a question!) QUICK ANSWER: Everyone has final expenses when they pass away. Funeral costs, final tax return, probate fees. Life insurance is a quick way …
QUESTION (from a 42-year old married man): I don’t know about life insurance. It’s a scam. I always hear stories about companies looking for reasons not to pay. This is an honest question – why does anyone need insurance? QUICK ANSWER: Life insurance is a quick way for your loved ones to access money …
Some conversations with friends, clients, and prospects over the past several weeks has led me to share some of the more common questions and comments regarding insurance, benefits, and investments. Welcome to FAQ (Frequently Asked Questions) Week! Each day this week, I will post a question that I have been specifically asked and my (paraphrased) …
WILLS: A Will is an important step in planning for your future. It allows you to determine exactly how, and to whom your Estate will be distributed, after you pass away. If you have children, a Will also enables you to name a guardian. Keep in mind, that if you have a named beneficiary on …