The Life and Health Insurance Education Centre (EduCentre)

10 Advantages to working with an insurance broker. Get the best insurance advice from an independent life and health insurance brokers vs. dealing with a “captive” career insurance agent. These are some good reasons why an insurance broker will give you the best service and advice in Canada, and why you should really consider working with one. Life Guard Insurance can connect you with the best local life insurance brokers in Canada.

Worried about breaking a bone in your body and how that might impact your work and your family life. Guess what? There’s insurance for that. The EDGE Benefits offers EDGE Fracture insurance for lump sum, tax free payouts for broken bones. Get a single, couple or family plan for protection. Make sure that a broken bone won’t cause financial hardship along with the inconvenience it causes to your work and family life.

Some life insurance humour. Six memes that will hopefully put a smile on your face, and a video game character from a futuristic war zone trying to buy life insurance. These jokes might be lame, but really, they’re the best a life insurance broker can come up with. Enjoy.

Are you worried about your investments because of continued financial troubles in Europe. The problems in Greece, Italy, Spain and even France are putting world financial markets on edge, and investors are losing thousands. Where can you go to find safe and secure investments and avoid market volatility – or at least protect against it. The insurance industry in Canada has solutions to your investment woes.

What is the real value of Mom? Do you know what you would have to spend in Canadian dollars to replace all the hard wok that Mom does around the house and all the childcare she provides? Thousands and thousands of dollars. Moms are worth more than you think. The annual survey by Salary.com put a price tag to the unpaid work of Moms in North America. Your family should make sure that Mom is properly insured to protect them from the loss of their #1 caregiver and household superstar. Mom is worth it.

If you like to do dangerous sports, like extreme sports, or participacte in dangerous hobbies or avocations, like flying, motor vehicle racing, scuba diving, etc. you might have a real problem getting life insurance. This article will describe how life insurance companies view such dangerous sports and avocations and how you can still get the life insurance coverage you need.

If you have parents or grandparents living outside of Canada, and would like to sponsor them to come over and visit, Citizenship and Immigration Canada is offering a new Super Visa. The Super Visa is a 10 year multiple entry visa for visitors to Canada allowing visits for up to 2 years at a time. Proof of medical insurance from a Canadian insurance company is required. Learn what the insurance requirements are and how to get the best Visitor to Canada Emergency Medical Insurance plan for your Super Visa application.

Longevity Risk: The risk of living too long. Have you considered your retirement plans and your long term care needs if you live into 90s and even over age 100. It is more common than you think to be a super senior in Canada today. Your retirement plans and your insurance plans need to consider the financial burden of supplying income for 30 or more years in retirement and paying for the high costs of long term care.

Making a life insurance claim should be easy. Follow these simple tips to be prepared for the ultimate death claim and make things easier for your beneficiaries to process the life insurance claim. This should never be a tedious or frustrating process, and all you need is a death certificate and to fill out the life insurance claim forms. Your life insurance broker can help.

Does choosing between disability insurance and critical illness insurance have to be an either/or choice, or can it be an “and also” choice. Find out how cost effective a small but very beneficial amount of critical illness can be for Canadians dealing with illness causing a prolonged disability.

Personal insurance, meaning personally owned life and health insurance policies, is the foundation of any good financial plan. Without the security of a properly designed insurance plan, your whole financial house could be built like a house of cards, and come tumbling down with the first sign of financial stress. Be sure to review your personal insurance plans with a qualified broker – it’s more important than your investment plans.

What are dividends of a life insurance policy? Traditional whole life insurance pays out a dividend to policy holders annually based on the performance of the participating or par fund. Profits in the par fund, over and above the paid out death claims, expenses and covering guaranteed cash values of whole life policy holders, allow the insurance company to declare a dividend. You can use the dividend in many ways to create value as a policy holder and investor into whole life insurance.

Most people don’t understand how their invested premiums to a whole life insurance policy are manager in the participating or par fund. In this video we how to shed some light on how life insurance companies manage these par funds over many many years for the benefit of their policy holders. The par fund is very much a black box, where people can’t see how money mangers invest their funds over time and how assets are allocated. But that doesn’t mean you can’t learn.

Life Stages: Planning your insurance in retirement. This should be a time when you reduce your overall insurance premiums and maybe even use your life insurance as a source of retirement income. Learn how to save money on life and health insurance premiums and put some final expense plans in place so that your family is not left holding the bill when you die.

Group disability insurance can be very limiting. It only covers your base salary, not additional incentive pay like bonuses, commissions and stock options. It also only covers you for 24 months in your “regular” occupation, then forcing you back to work if you can do “any” occupation. Personal disability insurance can be layered on top of group disability insurance to cover all your income and keep you insured for your “regular” occupation right through to age 65.