Critical Illness Insurance
Critical illness insurance is increasingly attractive to individuals looking to secure their financial health in the event of illness. A number of companies now offer this type of insurance, each with its own set of conditions. Take the time to familiarize yourself with the main features of this type of insurance so that you can […]
8 Reasons People Don’t Buy Life Insurance (and Why They’re Wrong)
Excuses, excuses, excuses; generally people say they don’t have enough money to buy life insurance, budget is tight; not enough money; may be in the future’ don’t need right now or I am not going to die too soon. Do you think that one of this haunts you also? I don’t have money- costs too […]
Some Key Super Visa policy terms and conditions
[vc_row el_class=”centerme” css=”.vc_custom_1544549042121{background-color: #f7f7f7 !important;}”][vc_column][vc_column_text] Pre-Existing Conditions Generally, pre-existing conditions are defined as any sickness, injury or medical condition for which the insured consults a physician, having symptoms, is hospitalized or medications are prescribed within a certain period before the effective date of coverage. Each insurance company treats pre-existing conditions differently and this is the […]
Visitor to Canada Emergency Medical Insurance FAQs
[vc_row el_class=”centerme” css=”.vc_custom_1544549021768{background-color: #f7f7f7 !important;}”][vc_column][vc_column_text]About the Emergency Medical Insurance Requirement for the Super VisaBecause visitors to Canada are not covered by a Government Health Insurance Plan (GHIP), the government of Canada requires visitors under the super visa to have emergency medical insurance. As discussed previously in this article, the insurance plan must:• Provide coverage of […]
Do not miss these points while buying Canadian Super Visa medical Insurance
What is Canadian Super Visa Program Super Visa requirements have come into force from November 4, 2011 in Canada with a sole aim to provide visa to Parents and Grand Parents of Permanent Residents or Canadian Citizens under family reunification program. This new super visa scheme will offer a temporary visa valid for a period […]
Travel Insurance for Canadians
[vc_row el_class=”centerme” css=”.vc_custom_1544549194886{background-color: #f7f7f7 !important;}”][vc_column][vc_column_text]It is a universal fact that Canadians are very much fond of travelling as compared to people of other countries. The Canadians usually travel to those parts of world where they could find adventures. Normally, they spend a certain percentage of their earnings on travelling. This is the reason why travel […]
TFSA Rules for common reference
Contributor: Contributions can be made by/for those who have attained 18 years of age and are residents of Canada. There is no upper income limitation. Earned income limitation: There is no earned income limitation. How Much: $5,000 for 2009 to 2012; $5,500 for 2013 and 2014; $10,000 for 2015; and $5,500 after 2015. Tax Deduction: Contributions to the […]
Shopping for individual life and health insurance, but do not know where to start?
Step 1 • First, you have to Analyze your Situation Step 2: • You should learn more about the different insurance companies, the services they offer and the products they distribute. We at Life Care insurance are working as independent Broker agency helping Canadians find most competitive Insurance coverage at cheapest possible premiums. We deal […]
How term life is sold in the market place
When should you consider taking out term life insurance? Term life insurance is ideal for covering debts or other short-term insurance needs in the event of your premature death. For example: • To cover the education costs and ensuring the financial security of your kids until they leave home. • Pay off the mortgage on […]
Universal Life Insurance: A Policy worth exploring
• Is the savings component required? In the event of death, are your savings payable to your beneficiaries in addition to the insurance amount? • What kind of investment accounts are available: variable-term, guaranteed investments with simple or compound interest, index-linked investments, etc.? • Is there a guaranteed minimum interest rate? • Can you diversify […]