Insurance is shifting the risk to someone or something that is more likely to be able to handle the catastrophic event.  People often insure their life through life insurance, their income through disability insurance, their business through business overhead insurance, etc.

3 Ways to Get Cheaper No Exam Life Insurance

One of the biggest problems with no exam life insurance is the price. The price point for no exam coverage tends to be much higher than other options. Here's the thing though, there are some ways you can get cheaper life insurance without the exam. Just because you're going to buy no exam life insurance doesn't mean you have to empty your piggy bank every month. Let's look at some of the ways you can chop down your rates and save your bank account. Cut the Smokes Even without the medical exam, the insurance company will want to know all about your [...]

By | 2018-03-16T15:18:15+00:00 March 16th, 2018|Insurance|0 Comments

What Are The Best Ways To Lower Your Car Insurance Coverage Costs In Canada?

When you drive in Canada, it is not just a recommendation that you carry car insurance - it is the law. Vehicle insurance is meant to protect you and your car if you are in an accident. You are legally obligated to report any accident within seven days if you sustain an injury, whether or not you are the driver who is at fault. Based on where you live in Canada, there are different types of policies that you can take out in addition to the minimum required coverage. The only way to make sure that you are fully covered in an [...]

By | 2018-01-02T13:07:53+00:00 December 27th, 2017|Insurance|0 Comments

Life Insurance for Millennials

Life insurance is a very important topic. Insurance that pays out a sum of money either on the death of the insured person or after a set period. It is basically designed to protect you and your family in the event of your passing. The problem is that many younger individuals do not think about this investment product because, obviously, they don’t think they will be passing any time soon and think they have time to establish financial stability. Below is an explanation as to why someone should still consider a life insurance product even if they are young. What is Life [...]

By | 2018-02-12T21:42:34+00:00 September 25th, 2017|Insurance|4 Comments

Reviewing My Life Insurance Policies

It has been almost exactly two years since I reviewed my life insurance policies.  I am not sure what it is about September which makes me think about the topic, but it seems that almost every 2 years I take a look at the topic. My Family's Life Insurance Policies I think it is important to understand and learn about the different types of life insurance policies.  I may be one of the few personal finance bloggers with permanent coverage (or at least one of the few that admit it) but these cash value policies are a part of my financial picture [...]

By | 2018-03-01T15:15:31+00:00 September 20th, 2017|Insurance|2 Comments

Things to Consider When Getting Car Insurance

Every car owner is required to have car insurance. It isn’t an option so for most people it is important to find the right policy that is meeting their needs when it comes to coverage but also works for their budget. There are many pros and cons to consider but the main thing people look at are the deductible and premium amounts.  It is very important to make sure you have the right deductible in your car insurance policy so you know you are covered in the event of an accident, but it is also important you can afford it. Below are [...]

By | 2018-03-01T15:37:30+00:00 August 31st, 2017|Insurance|1 Comment