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Genetic testing life insurance

Why Genetic Testing Has Insurance Companies Up In Arms

Life insurance companies in Canada are once again initiating new measures to help protect consumers from discrimination based on their genetic profile. Critics, however, are not convinced the changes will ensure fair treatment. The voluntary pledge states that people applying for a life insurance policy of up to $250,000 will no longer be asked or required to provide information about previous genetic tests. Insurance companies are still allowed to use this information when applicants ...
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We’ve Got The Answers: How Can I Motivate My Clients to Take Action?

Today's Life Insurance Question: how can I motivate my clients to take action? This question came to me while I was thinking about The Raptors season starting tomorrow (and it just so happens I am prepared with my Raptors shirt today!). I thought about a challenge that Coach Casey faces- how does he motivate his players? As advisors, we face the same challenge and that is getting our clients to take action, especially with something such as life insurance, which is an intangible ...
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We’ve Got The Answers: How Will Diabetes Impact my Life Insurance?

Today's Question: I am a diabetic, how will that impact my life insurance? Diabetes certainly has a large impact on your life insurance, but thankfully, insurance companies are a lot more lenient today than they were in years gone by. If you are a diabetic, obtaining a life insurance policy is relatively easy and like anything, it depends based on various factors. Factors such as your weight, any medications you are on, your blood sugar reading, whether or not your diabetes is ...
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What Makes IA Excellence Different- Q & A with Jaclyn Nemethy

I recently reached out to Jaclyn Nemethy, Regional Sales Director at IA Excellence to give a breakdown on what makes IA Excellence so different. Can you tell me a little bit about your background. How did you get started in the insurance industry? Jaclyn Nemethy is a graduate of the University of Toronto with an Honours degree in Human Biology. She joined IA Excellence as the Inside Sales Associate and has been a Regional Sales Director servicing Ontario for the past three and a half ...
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Life insurance traps to avoid

25 Life Insurance Traps To Avoid

Getting life insurance is important, however it can be tricky. There a few traps some people fall into. As with any contract, always pay close attention to the fine print! That tiny font could have a serious impact on your life – and the life of your loved ones. A little common sense and careful planning can help you avoid making mistakes with your life insurance and ensure your family is properly protected.Watch out for the following fine print “traps.” Trap #1 Pre-existing Medical ...
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We’ve Got The Answers: Which is the Best Life Insurance Company in Canada?

Today's Question: Which is the best life insurance company in Canada? This is quite a loaded questions, like most of the questions I get and there are many different components to the answer. Choosing which company you want to purchase your insurance from is similar to choosing your policy. There are a plethora of factors that will play a role in determining which company will best suit you. Certain companies will benefit certain individuals and needs more so than others. It ...
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We’ve Got The Answers: Is Life Insurance Worth the Money?

Today's Question: Is life insurance worth the money? Like many intangible purchases, many people question whether or not life insurance is worth the money. A lot of people question if it is really necessary at all. Determining whether or not life insurance is worth your money depends on your individual needs and lifestyle. If an individual is single with no dependents, and no current need for life insurance, it's likely not going to be worth the money (unless you want to leave money ...
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Charitable Giving with Life Insurance

As we approach and enter retirement, planning our legacy becomes more pressing. Philanthropy becomes more important. The biggest gift we can give is our time, with money as a close second. When we’re gone, we can’t give charities our assistance in person but we can still leave them a lot of support through life insurance. Why Life Insurance? There are 6 major reasons to use life insurance for charitable giving: 1. Leverage: small insurance premiums buy a large death benefits, ...
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We’ve Got The Answers: How Does Depression Impact My Premium?

Today's Question: How does depression impact my life insurance premium? Depression can definitely have an impact on your life insurance premium depending on the severity of the depression. If it is your standard depression that is well controlled, things are stable (i.e. medications), and you have not been hospitalized in the past 10 years, there is a good chance you could qualify for standard rates. On the other hand, if an individual has bipolar depression or other more serious ...
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Healthy Eating in the Office

It's no surprise that healthy, clean eating has a massive impact on your overall health, but does it impact your work as well? Believe it or not, healthy eating does play a large role in productivity. A study done in 2012 conducted with about 20,000 employees found that those who ate an unhealthy diet were per cent more likely to report productivity loss. How exactly does this work? Diet has an effect on your cognitive performance. Nutrients such as carbohydrates, glucose, and protein ...
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