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Free Book Giveaway: Stop Over-Thinking Your Money

Preet Banerjee - Stop Over-Thinking Your Money For Globe and Mail columnist and Million Dollar Neighbourhood host Preet Banerjee, keeping your personal finances healthy is just like trying to lose weight — everyone knows what they need to do, it's just a matter of actually doing it. However, with so many books and buzz words out there, the world of financial health can be a very confusing one. (more…)
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What Type Of Life Insurance The Experts Own: Sheila Walkington

Sheila Walkington CFO and co-founder of Money Coaches Canadaand co-founder of the Women's Financial Learning Centre 1. What type of life insurance do you own? My husband and I have term life insurance (10-year). My business partner and I also have “key person” term life insurance on each other to help the business cover costs and hire help in order to replace Karin or I if one of us should pass away. (more…)
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What Type Of Life Insurance The Experts Own: Big Cajun Man

Big Cajun Man The Clown Prince of Financial Blogging, "All my best financial decisions have been completely accidental.” 1. What type of life insurance do you own? I own life, disability, and medical insurance through work, as well as car and home insurance. I also use term life as "Mortgage Insurance." (more…)
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Entrepreneur Nearly Loses Everything to Illness

Patricia Brooks is back in business thanks to a miracle drug. Patricia Brooks, 58, has worked for herself for over 25 years, which means no sick days, no employment insurance. Pat could've bought critical illness insurance in 2008 when her LSM Insurance broker offered to sell it to her, but thanks to a price she thought was too expensive, she decided against it and now, five years later, she has a critical illness of her own and almost lost everything she had worked for. “I was penny ...
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Chantal Marr Quoted in the Toronto Star

Chantal Marr was quoted today in the Toronto Star in an article about how to save money on life insurance. The Star quotes her regarding the possibility to save money on life insurance policy even after it was purchased. In the article, the president of the LSM Insurance explains the probable procedure of insurance companies in case of re-evaluating the life insurance premium rates and other ways of influencing the costs of life insurance. The article itself deals with the ways of ...
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Long-Term Care Insurance Makes Good Financial Sense

Tim Landry is passionate about Long-term care. Tim Landry started in the insurance business in 1969 with Crown Life and is now a living benefits consultant."I have no interest in retirement. I say to a lot of people that I'll retire three weeks after I die. I'm blessed to like what I do," he says. He has now started, an online and independent living benefits insurance business based in Montreal with broker David Engel. Of all the living benefits products out there, ...
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What Type Of Life Insurance The Experts Own: Mark Seed

Mark Seed Editor of theMy Own Advisor blog 1. What type of life insurance do you own? Through my employer, I am fortunate to be covered for the following: • Basic life insurance • Long-term disability coverage • Business accident travel insurance I hope I never use any of these benefits through work, but this is what insurance does — transfers risk from you to someone else and protects you from the unplanned. Personally, I have a $500,000 term life ...
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What Type Of Life Insurance The Experts Own: Léony deGraaf

Léony deGraaf Independent Financial Advisor, deGraaf Financial Strategies 1. What type of life insurance do you own? I own Term 10, Term 20, and Whole Life Insurance, as well as Critical Illness Insurance on myself. I also own Guaranteed Issue Life Insurance on my husband, and we took over my mother-in-law’s life insurance policy when she was going to cancel it. We are currently using the cash value of a life insurance policy that was put in place for my son’s education 20 ...
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What Type Of Life Insurance The Experts Own: Paul Lalonde

Paul Lalonde CLU President/Advisor at Twin Power Financial 1. What type of life insurance do you own? I love insurance! I own about 14 different life insurance policies on my family. The reason for so many policies is that I have a large term policy and as my financial situation improves, I convert it to participating whole life insurance. It's my favourite insurance, as I love the peace of mind it offers: guaranteed cash values, guaranteed premium, and guaranteed death benefit. ...
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What Type Of Life Insurance The Experts Own: Jonathan Chevreau

Jonathan Chevreau CFO of the Financial Independence Hub 1. What type of life insurance do you own? My wife and I used to have term insurance early in our marriage, but with no debts and a significant net worth later in life — our child now raised and educated — we opt only for the group life coverage provided by our respective employers, including disability insurance. 2. What factors did you consider when determining the coverage amount? Given the above, we figure replacing two or ...
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