Why Living Benefits Are the Foundation of Your Financial Tool Kit
Imagine you woke up today and could no longer go to work – Would you be able to pay your bills? What if you are diagnosed with cancer and must travel for treatments? Could you afford to lose your income and pay for healthcare expenses?
For most Canadians, the answer is no. A survey conducted by RBC found that 50% of Canadians could not afford to take time off work if needed. Luckily, there is a solution available.
A guide to individual disability insurance
Disability insurance is designed to help you and your family cope financially in the event that you become disabled and are unable to work. The purpose of this type of insurance is to protect your earning potential, therefore protecting your savings and lifestyle. Not all disability policies are created equal and it’s important to understand the differences between group and individual disability policies.
How Young Professionals Can Set Themselves Up for Financial Success
Starting your professional career can be equal parts exciting and terrifying. Having a steady stream of income for the first time is a great feeling but knowing what to do with the money can be confusing. Below are 5 strategies that all young professionals should employ to make sure their finances stay on track.
Workers unprepared for financial impact of disabilities
Most Canadian workers would suffer severe financial hardship if they were forced out of work with a disability. In fact, 76% believe that should they …
Five Financial Products You Should Own
By Brenda Spiering 1. Registered Retirement Savings Plan (RRSP) As soon as you begin your working life, you should have a Registered Retirement Savings Plan …
Protecting Your Family
Let’s face it, raising a family today can be financially challenging. The cost of living continues to increase, housing costs are rising along with education …
1 in 3 Canadians Will Become Disabled Before the Age of 65
What you need to know about your Group Long Term Disability Having a source to replace your earned income in the event of an illness …
Is it Time for your Insurance Audit?
Has it been awhile since you last looked at your insurance portfolio? Are you a little sketchy in your recollection of all the coverage you …
Graduation is the Perfect Time to Consider Disability Insurance
As this year’s graduates cross the stage they’re filled with dreams of their bright futures. Rightly so – they’ve worked hard to get to where …
