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money

Manulife’s Lineup – Full of Built-in Features

Manulife Financial’s disability insurance line-up has five products. Their Proguard Series is geared toward professionals. This is their flagship policy, and includes many built-in features. The plan has elimination periods from 30 days to 2 years. Benefit periods range from 2 years, 5 years and to age 65. The insured’s benefit can range from $200 to $24,500 a month. The Proguard plan also offers a whole host of riders, including a cost of living rider to keep in line with inflation; a ...
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Union of Canada’s Term Insurance Lineup – Pros and Cons

Union of Canada Life Insurance was founded in 1863 and presently operates in Ontario, Quebec, New Brunswick and PEI. They are one of the few companies in Canada to offer a 5-year term policy. The policy is renewable to age 70 and convertible to age 65. The plan pricing, unfortunately, is uncompetitive. Case in point: a 45 year-old male non-smoker who receives standard rates would pay $83.92 a month. That same person could buy the same policy with Unity Life for $42.98 a month, and the ...
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RBC Insurance’s Universal Life Plan

RBC Insurance’s Universal Life plan is available in face amounts of $50,000 to $10,000,000 to applicants from birth to age 80. Similar to other universal life plans on the market, their plan offers flexible premiums, and the investment account grows on a tax-sheltered basis. The insured can choose between a level and increasing death benefit. The former is designed to maximize cash values, while the increasing death benefit pays out the face amount plus the plan’s accumulation ...
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Get to know our Partners!

We have added detailed company descriptions to the list of our insurance and investment partners. These Canadian insurers are leaders in the industry and they provide a wide range of insurance and investment products, so it is worth checking out our assessment of their insurance policies. Already complete with contact info, website links and phone numbers, our guide will be regularly updated to bring you information about the latest insurance products of our partners.
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manulife vitality life insurance

Manulife Financial Calls for insurance mergers

Manulife Financialchief executive officer Dominic D'Alessandro called on Ottawa to allow this country's financial service players to merge, The Globe and Mail reported today. Now, the insurance industry is a viable competitor on many banking products, he said, as are credit unions and others. "You've got more competition, more choice," he said. “In the last ten years, we've had the insurance industry totally rationalize and three of us are now very large public companies, larger than ...
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insurance

Brokers’ Business

Being an independent Life Insurance Broker, Lorne S. Marr knows all about this demanding job. He has decided to share some of his knowledge with his perspective colleagues - aspiring insurance brokers. He and his associates have launched a brand new section of articles written on how to be a better life insurance broker. The latest addition to this growing list of tips for brokers focuses on in-person meetings with Prospective clients.
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Desjardins launches Enhanced Return Guaranteed Investment

Desjardins Group is now offering its investor members a brand new product: the Desjardins Enhanced Return Guaranteed Investment, CNW Telbec reported today. "This product, which they say offers a 100% capital guarantee at maturity, is specifically targeted at caisse members that wish to participate in the growth of the Canadian financial sector, in particular the banking and life and health insurance sectors, while benefiting from a guaranteed minimum return. With the Desjardins ...
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insurance-shelf

Insurance Tips Galore

We have just redesigned our popular Insurance Tips Section, where you can find a growing collection of useful articles written by Lorne S. Marr and his associates. From now on, you can browse eight thematic categories to find the topic that interests you the most - be it Term Life, Universal Life, Critical Illness, Disability or Group Insurance. We have also prepared some Mortgage Insurance and Investment Tips for you.
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mortgage

All you need to know about mortgages

Are you looking for a home mortgage? Then the latest articles in our Insurance Tips Section are here right for you. The first one tells you what to avoid when applying for a mortgage, the second one gives you some facts on mortgage insurance. For these offers from your lender promise you convenience, but this convenience comes at a price...
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tax

Tax Saving Tips for Canadians

The latest article in the life insurance tips section would be an eye-opening guide titled Nine Tax Saving Tips for Individuals. Read it now and save money!
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