Tag Archives: critical illness insurance

How Much Life Insurance Do You Need? (part 2)

This is continued from PART 1 Here’s how it works out… Let’s assume that the breadwinner earns $50,000 each year.  We will use the income approach to determine the amount of coverage needed on his life.  The duration of the risk is 25 years and the assumed interest rate is 3% (this is the inflation [...]

How Much Life Insurance Do You Need? (part 1)

What is your life insurance “need”? Well, to get things started off I think that a distinction between “needs” and “wants” is important. For the sake of simplicity I won’t be discussing other forms of insurance (i.e. critical illness, disability insurance). An insurance “need” arises where there are definite, identifiable risks to the people that [...]

Crash Course in Critical Illness Insurance

We often have clients ask us about critical illness insurance and we give them the facts – navigating through the sales tricks of some companies, and finding the best “real” value.  It’s not all about “what you spend” for critical illness insurance, it’s about “what am I getting for my money?” Simply put, critical illness [...]

Why Being Independent is Important

Having an independent advisor for life insurance is the foundation to a solid insurance portfolio. An independent insurance advisor is able to deal with multiple companies and find the best life insurance solution for every client. Rather than focusing on the products of one insurance company – an independent advisor provides the consumer with a [...]