Purchasing mortgage insurance through your bank or lender is a risky way of insuring yourself. Work with RFG and get the advice from experienced advisors with access to quotes from every life insurance company in Canada.
Some people say, I’m not married and don’t have children – so I don’t need insurance. Disability insurance doesn’t help you if you die, but pays you tax-free dollars when you are unable to work. This is the most important type of health insurance product and should be a component of every man and woman’s risk management plan.
In the event of the premature death of a business partner, things could get awful sticky if a shareholder’s agreement is not in place and there is no way of funding the purchase of the deceased’s shares. Protect yourself through a corporately owned life insurance policy.
If you are retiring in the next 5 years, start early with a comprehensive retirement plan looking at all components of retirement income planning and preliminary estate planning.