There are two major categories of life insurance. Term life cover and permanent life cover. As the name implies term life insurance will cover you for a specific period of time where as the other being permanent life cover does not expire in time. The only time it will expire is when the insured individual passes away and the beneficiary is paid out. There are many different types of permanent life cover policies. Lets see what they are all about and what they can offer you.

A combination of a term policy and a savings plan all in one is what a Universal life cover will offer you and your family. The amount of f funds that you apply to be part of the savings portion is a flexible one. It is not required to be a set amount. Universal life insurance policies are also designed to pay a designated beneficiary a lump sum also known as the death benefit upon the death of the insured individual. If you find yourself torn between term life and whole life then universal life cover is the option for you. As Universal life cover policies are hybrids of the two.

The next type of Permanent Life Insurance is known as Variable Universal Life Insurance. It is a mouth full. Very much like universal life insurance it divides your premium into two portions. One being the savings and the other being the insurance part of it. But the difference here is that you have the option of using investing the savings in investments you would find suitable. You can choose low risk investment options which offer lower returns but more security, or you can choose high risk high return investment options. The death benefit for this policy type will vary, but is guaranteed to be a specific minimum amount.

Whole Life Insurance has been in existence for as long as the concept of insurance has been around. With whole life cover policies you pay towards a death benefit only. The insurer guarantees to insurer the client as long as monthly payments are maintained and this will not expire. Upon death of the insured the beneficiary will receive full payment. Whole life insurance come with many benefits added to the cover. It is up to you to find a provider that will offer you the most appetizing benefits. The price tag on whole life insurance policies are significantly higher than that of any other permanent life option.

“Buying term is like renting your insurance, You don’t build up any residual value. Whole life is like owning a home – you build up equity.” says Scott Berlin, senior vice president in charge of the Individual Life Department at New York Life Insurance Co.

All permanent insurance policies have cash values and most earn dividends is the company performs well with it’s investments. But it is up to you to collect all needed information in order to make a well educated decision.

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Permanent Life Insurance is a post from: Finance and Financial Services

Have you ever wondered how do these Life Insurance Companies come up with the premiums they charge you? What factors are taken in to consideration? And what would cause the insurance premium rates to change. Well this article should help you understand how life cover premiums are established according to your risk profile. Lets start with how the initial life cover rates are developed.

Life insurance may be a very confusing topic for most and many may think that these rates are derived randomly, however this is not the case. There are many factors that are taken in to consideration before you are presented with your final premium rate. One of the first thing insurance companies look at is your current age. Basically the older you are the more you would most probably end up paying for life insurance. This is because the risk of you dying is higher at an older age. You will also be asked about your weight and height this will allow the insurance provider to make a rough assumption of your life span. The next factor the insurance company would look at is your occupation and the type of work you do. If you are among those that work in an office or maybe you work from home, your risk of death would be significantly lower than that of maybe a police men, pilot or race car driver. The riskier your job the more you pay on premiums.

Your life insurance rates will be derived according to your age, weight, height and medical status, these are the main factors that are taken in to consideration. Other factors will include your line of job, lifestyle, families medical history, this is to determine if you may suffer from any hereditary medical conditions like diabetes or blood pressure. Your sex will also play a part in determining your premium rate, females are known to generally have a longer life span that than of a male.

When it comes to changes in life insurance premiums the factors are basically very similar. A change in your profession or health status will change your premiums. This works both ways, it may increase or even decrease your premium rate. If you are in excellent health and do not smoke you will definitely pay a lower premium rate.

When it comes to changes in life insurance premiums the factors are basically very similar. A change in your profession or health status will change your premiums. This works both ways, it may increase or even decrease your premium rate. If you are in excellent health and do not smoke you will definitely pay a lower premium rate.

If you are currently unhappy with the rates you are paying, why don’t you scout around a bit for a provider that may offer you better rates with better benefits or you may also request that your life insurance policy be reevaluated.

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Life Insurance Rates is a post from: Finance and Financial Services

Sadly, accidents happen every day that claim lives. What would happen to your family if you were to die unexpectedly in an accident? They would probably be stuck deep in debt? How will they take care of all expenses left behind by you? Funeral costs? Household bond payments? Many individuals feel that they are still young and do not think about life insurance, they are among the thousands that feel they have a lot time before life insurance becomes a need in their life.

Most households generally have more than one source of income to take care of the bills, if this is also the situation in your home then you are probably wondering how you would get by if you had to fit the bills all by your lonesome. What happened if you had to pass away? Then how would your spouse fit the bills. What would be the situation if you were the sole provider? It would be a disaster, your family would not cope at all. This is where life insurance comes in. this can be their way out!

In the event of an unexpected death who will bear the burdens of paying for the funeral expenses
Average funeral expenses can run in to thousands of hard earned cash and that can be a lot of money for anyone who is not prepared to cater for unexpected expenses. Even if you find yourself among those who does not want a funeral and would prefer a simple burial or cremation, that would also be a costly affair. Having a comprehensive life insurance cover will ease the financial burdens of funeral costs when they unexpectedly arise.

Most home owners use the help of bonds to purchase their homes, this often takes between ten to twenty years to pay of, depending on the amount and premiums, what would happen if you being the sole provider had to pass away prior to paying off the bond? How is your family going to cope with paying it off? Once again life insurance can be your saving grace!

you need to take a moment and decide what kind of cover you looking for, life insurance is basically a contract between the policy owner and the insurance company, where the insurer agrees to pay a designated beneficiary an amount that has been agreed upon by both parties in the event of the insureds death. Life insurance comes in a vary of shades, tailored to meet with requirements of every individual.

If you do not have a Life insurance plan, then I think you should be seriously considering it now, the last thing you really want is to leave your spouse and Dependants struggling financially without having your income. You can use the Internet to help you find options suitable for you or maybe just to find out more about life insurance and what it can do for you and your family.

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Life Insurance – You Need It is a post from: Finance and Financial Services

Many people have discovered that life insurance is quite expensive. But for smokers, it is even more so. The reason for this is pretty obvious. There are a lot of health issues associated with smoking which in turn reduces the life expectancy of smokers. Anything increases the risk of your making a claim acts immediately on your premium increasing it. Is it possible for smokers to find affordable life insurance coverage? There is a way.

For a smoker to find a more affordable life cover, the obvious thing to do would be to quit smoking. I am aware that even at the risk of paying very huge amounts on their life policy, many smokers would not quit smoking so we would find a way of accommodating them. Aside from quitting, you can make some savings by comparing free life insurance quotes.

What is quotes comparison?

This is basically a process of comparison shopping. It is just the same like we do when we need to buy any every day appliance. We try to find out what different merchants are charging for a product or service so we can go for the best deal. This is exactly the same with comparing quotes.

In comparing quotes, you are not just looking at the figures presented to you. Comparison takes cost and benefits into consideration. For smokers, some insurance companies may have different policies and rates for different grades or levels of smokers. This already gives you an idea that the insurance company in question specializes in policies for smokers. A company like this would be ideal for a person who can not be considered to be a heavy smoker. If you take one or two sticks a day, a company like this would differentiate between you and someone else who smokes a pack or more a day and would therefore offer you a lower rate than the other person. A light smoker should therefore be looking for this type of insurance company.

When comparing quotes, a heavy smoker would want to find an insurance company that does not differentiate between the person that smokes a stick a day and the person that smokes a pack a day. S/he is likely to get a better deal here than with an insurer that would differentiate.

Other factors to consider would of course be the insurance company itself and their reputation. Get as much information as you can on the insurance company you intend to go with. You can do this online or offline. You want to go with an insurance company that would not surprise you when it is time to make a claim.

Get you free life insurance quotes now and you can begin to enjoy a more affordable coverage whether you are a smoker or not.

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Smokers And Life Insurance – Finding Cheap Coverage is a post from: Finance and Financial Services

For most individuals, purchasing insurance is a once in a lifetime ordeal. The insurance is purchased,monthly premiums paid and never thought of again until the time arises when you need to claim. You may be among the millions of individuals who are doing this as well, you are making a huge mistake. Life is an ever changing process and so should be your life insurance. When I say change your life insurance what I mean is you should see that you have it reevaluated after every ten to fifteen years. There are three main aspects that can instigate the need for a review on your current insurance policy.

The first of which can be a career improvement or a promotion resulting in an increase in your monthly income. Finally all your hard work is paying off and you are done trying to climb up that corporate ladder. If this is so and you have noticed a drastic increase in your monthly takings then you should consider a reevaluation on the life policy you purchased back then when you were still building your empire. Wondering why? Well simply now that you have high living standards your payout may not be enough to maintain that level of life for your spouse and dependents after your unexpected demise. I doubt it, that money is not going to be enough to replace the earning that would be lost with you no longer around.

The second aspect would be the changes in your family or should I say additions. New introductions to the family are a wonderful part of life but this wonder can prove to be rather costly. This expense can start from the day they are in diapers up to the day they graduate from college. how will your spouse pay the bills and put the kids through school? In the event for your unexpected death. Maybe it is time to reevaluate your Life Insurance policy. Making sure you have plenty of right coverage is vital.

Finally there is the retirement period. Once you have reached this part of your lifetime you need to determine your overall financial plans and what your goals are at this time. You will need your life plan to provide for yourself and your spouse, this may not be as it used to in the past. That would depend on the type of coverage you have opted for. Then there are your kids who would have grown up by now, and hopefully are in good health and also doing well for themselves. If this is the case the they would be able to take care of themselves financially, if not you might want to look into developing a plan for them or maybe use another policy to fund this. With a limited income this can prove to be difficult. This is where you need to sit down with your financial planner and he can assist you make the right decisions

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Reevaluate Your Life Cover is a post from: Finance and Financial Services

As the population of seniors continues to increase over the next several years, life settlements will become a more and more common financial service. It is a major financial transaction, however, and should not be taken lightly. For those considering it, a key step is finding a trustworthy life settlement broker.

A life settlement is a relatively new transaction that many people know little about. Basically, it entails selling your life insurance policy to a life settlement provider for an amount greater than the cash value of the policy, but less than the death benefit value. Seniors with policies they don’t need, premiums they can no longer afford, or an immediate financial need such as mounting medical bills, might find such life settlements beneficial.

The life settlement broker’s job in these transactions is to collect bids from competing providers, typically funded by hedge funds and large financial institutions. Experienced brokers know which providers would most likely be interested in various types of policies. They will also be able to present the policy to potential buyers in the most attractive light. Without a broker, an individual policy owner or even a financial advisor would be unlikely to find the best settlement possible.

Typically, brokers earn a commission from the buyer based on the settlement transaction. How these commissions are structured can vary widely. In some cases the commission is based on the face value of the policy benefit. In such a case the commission is usually a smaller percentage of the base amount, though the base amount is higher, and there is little incentive to shop around for the best deal since the commission would be same no matter what. Others base the commission on the settlement amount, which creates more of an incentive to find you the best settlement. This arrangement does not take into account any cash value built in the policy, so it may best suited for people who have little or no equity in their policy. Still others base the fee on the amount of the settlement over the surrender value of the policy. This may result in a higher commission percentage, but the percentage would be based on a smaller base.

Many states have developed or are in the process of developing licensing regulations for brokers. Meanwhile, the National Association of Insurance Commissioners maintains standards of practice for all professionals involved in such transactions. These standards are not legally binding, but reputable brokers should adhere to them explicitly.

Many seniors are liable to find life settlements to be potentially useful and beneficial options. But like all major financial transactions, they present some risks. To reduce those risks, and to increase the likelihood of a beneficial settlement, it is important to utilize the services of a qualified, reputable life settlement broker.

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What Is A Life Settlement Broker is a post from: Finance and Financial Services

Buying low cost term life insurance has become very easy these days. On the Internet, there are several websites that give you good deals when it comes to life insurance. In few simple steps, you will get the best low cost term life insurance quotes. Select the best quote and then proceed with the buying process. Most companies are offering low cost term life insurance without the medical examinations and this is one reason for the popularity of the low cost term life insurance.

You will have to keep some of the key aspects in mind when you are selecting the life insurance company. So, before deciding to buy the life insurance policy check and see if the life insurance company is providing some good deals. Sit and make a compare the quotes from different insurance companies. Just picking a life insurance company because they offer very low rates is not a good option. You must also heck the financial status of the life insurance company.

A good life insurance company will have a very simple selecting process and this can help you to save a lot of time. Check all the processes and see how many of these are automated. Life insurance companies with a good reputation will offer good customer service and the services will be totally computerized. A good life insurance company should have a wise range of products so it will be easy for you to make a good selection. A life insurance company which does not have a go reputation will not offer a wide range of products and you can reject such a life insurance company.

You should be very careful when you give your personal information to the life insurance company because some life insurance companies take your personal information and use it for some other purposes, which is totally not a good practice at all. So when you are giving your personal data make sure that the insurance company gives you a commitment towards the privacy of your personal information. This personal data is given when the applicant is filling the life insurance form to attain the policy. You will have to be careful of insurance companies like this. Such insurance companies try to get customers with the low term life insurance tag.

A good life insurance company will also need a very good customer service and this customer service that they provide should be very proactive and courteous towards customers. Any customer would like to be greeted and treated with care when they call any customer service, so this what the life insurance company should provide. If you find that the customer care of the insurance company is not helpful as expected then its better to change the insurance company. Customers need good customer service, so the customer care of a life insurance company should be very good. A good customer care service will ensure that all your queries are resolved at the earliest.

The customer care service may not be available at all hours of the day, so you will have to check with the life insurance company officials for the customer service timings. Generally, the timings of the customer care service are from 7 in the morning to 9 in the evening. These timings may vary as per the life insurance company policies. Some life insurance companies may have customer care services throughout the night as well. You will have to see the toll free numbers of the life insurance company to cut down your phone bill cost to some extent.

The steps that are mentioned above can be done from your home or office. Ensure that the online transactions are secure and safe. If you are stuck when filling up the application form and don’t know how to go about it then you can call the customer care service to help you out with this. The customer care team executive will you out in filling out the application form. If this still does not wok out then the customer care executive can send you a tutorial to help you with this.

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Use The Internet To Get The Low Cost Term Life Insurance Policy is a post from: Finance and Financial Services

Article by Mitch Reynolds
President, Life Guard Insurance
Life Guard Insurance Website

Creating a legacy for you might be as simple as leaving money or assets behind to make sure grand-children get a good education. You might want to help your adult children out so they have a brighter future, or you could have grander aspirations. If you have more accumulated wealth that you can use in your life-time and want to pass on, either inside your family or to charitable instituations it should always begin with a strategy and a plan.

This article will outline a few common scenarios where you can plan for simple legacy creation or you can use Trusts for more complex situations. The process of creating a legacy could get fairly complex and is beyond the scope of an insurance advisor alone. If your plans for giving gifts or inheritance becomes complex in any way, look for a team of professionals, including an Estate Lawyers, Tax Accountants, and a qualified Insurance Advisor to help design a comprehensive plan that meets your needs.

Simple Legacy Giving

If your legacy is mainly for immediate family, and your will is up to date naming beneficiaries and heirs then you are most of the way there. A fundamental piece of the plan would be taxes of your assets at death, and how much will be lost to the Canada Revenue Agency (CRA). Do you own assets that have gone up in value over the years? How much is your recreation property worth today vs. the price you originally paid for it? Very often you can offset high capital gains taxes like this very affordably with permanent life insurance. You might be able to buy $1.00 of tax free death benefit for $0.15 or $0.20 of premiums, all in. That would create a guaranteed, locked in benefit for your estate to alleviate future taxation.

Another major planning issue for you might be that you want to enhance the value of your estate and give more to you children and grand-children. Must you settle for giving what you have saved to date? Are there ways to enhance your legacy today? The answer for many Calgarians is YES – there are options through life insurance to enhance your gifts to family on a fully guaranteed basis and with a reduction of taxes owing and final expenses.

Family Business Continuity Planning

If a major part of your legacy is the business you have built up over the years, and that business is to stay in the family, some serious planning needs to take place to minimize the taxes due and expenses of transitioning the business. If your business is a family farm there are special tax roll-over laws that allow family farms to pass within the family at their original cost base – and no capital gains on land need be realized. This is a special taxation exemption that applies only to family farm property (in Canada). If your family business is not a farm, the entire capital gains of that business will be crystallized at death (can be rolled over until the death of the last spouse, but taxes due when passing to children). these taxation could be in the hundreds of thousands of dollars, and unless the business is sitting on a lot of retained capital, there might be a situation where assets need to be sold just to pay the tax man. That is now way to pass on a successful business.

There are a number of options here. One common one is using a Family Trust to create an Estate Freeze on all assets today, lock in the taxation owing for the future and deal with the single problem via a life insurance policy to offset the future tax burden. That last sentance had a lot packed into it – and needs to be unpacked for you with the help of legal and accounting advice. Your family bussiness is unique and will be planned out according to your needs. In the end, the savings your estate will see from this type of planning far outweighs the professional advice fees or insurance premiums paid to design the plan.

Estate Equalization Planning

This type of estate plan planning is very common among family farm corporations and family businesses. Imagine, you own a business that is worth a lot of money in assets, but does not hold large amounts of cash on reserve. In order to make money you invest back into the business. Now imagine you are getting older and one of your children is being groomed to take over the family business, yet you have one or more other children who have moved on to have lives of their own and are not involved. By giving the one child the assets of the business he/she will get the lions share of your estate, with only small gifts given to your other children through the will. Is this fair? Would you like to give more of an inheritance to your children not involved in the family business?

If the answer is yes, you have an Estate Equalization problem. Remember, a FAIR division of your assets does not mean equal distribution. The child taking over the business has put sweat equity into that business to date, and has earned more than an equal portion. He/she is also taking on all the future financial risk of running the business while the other non-involved children have no risk. The amount of inheritance that is FAIR should be worked out via a family discussion where there is general agreement on the division of the estate (in this case the value non-involved children will be getting while the other child inherits the business).

Once you have arrived at a number, life insurance is usually your best investment to make this plan a reality. It provides a guaranteed tax free benefit for the non-involved children, payable immediately upon death, and avoids the estate where it would be reduced by probate, legal and executor fees. The tax freeproceeds of the life insurance policy could be built into a family agreement as a part of the will to remove non-involved children from making a claim on the assets of the business.

Dealing With Complex Families

Not every family situation is so clean cut. As we know, families are messy – and that mess can create major legal and financial issues upon death. Some of the most common messy situations are blended families, remarriages after you are gone, or children who are irresponsible or have an abuse problem. How do you deal with your estate in these situations, and create the estate for your heirs you really want.

Just drafting a will usually does not solve these issues. A will can be contested at your death, and your assets could become tied up in the courts for years while families fight over them – and no one except the lawyers win in that scenario. There are two excellent ways to design your estate for these situations to make your wishes a reality. Either create a Family Trust while you are alive, or pass your assets into a Trust established at your death through your will. You can set out terms of how you want the assets in the trust to be administered, by whom (the Trustees) and who will benefit from the assets in the trust (the Beneficiaries).

All this complex planning is done mainly with an Estate Lawyer to establish the trust agreements, and with a Tax Accountant to value assets and make sure they all pass into the trust, with the proper paper trail for the eventual CRA audit. It is highly likely that some form on permanent life insurance plan will be included in the final plan to create liquidity for the trust and/or pay off taxes owing. This is where a professional insurance advisor can be of service to you. Designing a permanent life insurance policy to enhance your legacy is a wise and cost effective financial product.

For more information about Estate Planning and Legacy Giving in Calgary or Alberta, please visit Life Guard Insurance:

http://life-insurance-calgary.com

If You’re Serious About Giving To The Next Generation Or Charities Then You Need A Plan To Achieve Your Wishes is a post from: Finance and Financial Services

LifeSource Direct LLC announced today the launch of a new type of Life Insurance website backed by an experienced and professional staff. The first of its kind, LifeSource Direct provides an on-demand term life insurance quotation service without the restrictions for personal information imposed by traditional web marketing practices. Website visitors can get a term life insurance quotation with comparative results without disclosing personal information.

Unlike other term life insurance quotation services, many of which are web affiliate programs that do not provide a quote without the visitor releasing private information, LifeSource Direct provides immediate quotes results. This is an invaluable tool for individuals, families and business to find the best insurance solution for their needs. In addition, LifeSource provides one of the largest term life insurance comparative engines with many A+ rated insurance carriers in a single quote service.

LifeSource Direct is one of a select group of web base insurance companies servicing the end to end insurance client needs including the categories of whole life insurance, universal life insurance, premium finance life insurance, annuities and no medical exam life insurance. As an end to end provider, the new LifeSource Direct website allows the client unlimited web access to premium financial insurance tools (how much life insurance do I need) such as ING Directs tools. LifeSource Direct provides a comparative quotation engine allowing the web visitor to create multiple insurance scenarios to help the client determine the best priced insurance solution.

Murray Owen, a principle in LifeSource Direct stated that “one of the missing elements in financial planning was a website allowing the client to run as many affordable term life insurance quotes scenarios as they want. This allow the client to fine tune pricing options that best fit their needs without the fear of being spammed by affiliate marketers”

In addition, LifeSource Direct announced today the launch of new Pharmacy Discount Card, a prescription discount program for the uninsured and underinsured. The LifeSource Direct prescription drug card is accepted at thousands of participating pharmacies nationwide or througha mail order service.

The discount drug and RX card is a free enrollment service, and is offered on the LifeSource Direct website at www.lifesourcedirect.com/health-benefits-guide/rx-discount-card/. Individuals can enroll by printing the card from the website and presented to any of the participating pharmacies for discount benefits. For the uninsured or underinsured, it gives them access to a buying group with negotiated discounts. In addition, card holders can find a participating pharmacy based on zip codes and distance. Alternatively, card holders can find discount pharmacy pricing based on the drug name and distance from a zip code.

The discount drug card works with both brand and generic prescription drugs including long-term medications where the mail order service may provide maximum discounts depending on co-pay structures. LifeSource Direct provides the service in partnership with WellDyne.

Murray Owen, a principle in LifeSource Direct stated that “the addition of the LifeSource Direct RX discount card enables the company to be one stop provider for a variety of insurance needs including health benefits. Our participation with WellDyne ensures that we are providing best of bread services to meet client expectations.”

About LifeSource Direct

LifeSource Direct (www.lifesourcedirect.com) was formed to create a dynamic, state of the art, direct sales life insurance and health benefits company backed by an experienced and professional staff. Incorporating the latest cutting edge technology with one of the best consumer support staffs in the industry assures a simple and easy process for purchasing life insurance and health benefits. LifeSource Direct works with top rated insurance carriers including Prudential, HSBC, SBLI, RBC, Banner Life, MetLife, Lincoln, NA, Transamerica, ING, and Genworth Financial. LifeSource Direct now works with thousands of people every year to find them the right term life insurance at the right price.

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CheapTerm Life InsuranceBy Top Companies is a post from: Finance and Financial Services

Buying life and living benefits insurance isn’t something people are generally thinking about. Even though buying the right kind of life and health insurance can be as important a personal financial decision as buying a home, it can be a difficult topic to review. Let’s face it; it can be difficult to talk about death, illness, injury, and other unpleasant topics.

There are certain times in life when insurance planning is top of mind, especially when your financial situation has drastically changed. This article will make you aware of key life events and give a brief outline of the insurance review you should consider adding to your priority list.

Marriage: this is often the first major individual financial change people experience. With financial obligations now to someone other than yourself, you should be looking into buying life insurance to protect your spouse.

Buying your first home/ upgrading your home: with the added financial responsibility of owning a home and paying down a mortgage, you again need to review your life and living benefits insurance. Another beneficial policy would be critical illness insurance designed to cover two to three years of mortgage payments if you ever had a major health event like cancer, heart disease, stroke, or a number of other life changing illnesses or injuries.

The birth of a child: if it is your first child or your tenth, you need to review your life insurance needs. With each new child, there is added financial responsibility. Topping up your life and health insurance would be prudent.

Divorce: becoming single again will also dramatically change your financial picture. Be sure to have life insurance on any child or spousal support payments being made. Consider critical illness insurance and/or long-term care insurance. Both of these policies provide tax free income for serious health concerns or the need for care. Ensure your financial well being is considered when you are on your own again.

Career change or self employment: this stage may result in a major change in your income, work arrangements, benefit package, etc. You will need to review your total insurance package. If self employed you likely have no coverage and will need to get additional life and living benefits insurance, disability coverage and maybe a drug and dental plan. Changing jobs means you may have better, worse or no benefits compared to your previous position. A review of your new group or flex benefits package would be important.

Becoming an empty nester: when the children leave and become financially independent you may enter a stage of personal financial freedom and serious savings. This is a perfect time to review your life and health insurance plan, transitioning from risk protection to legacy and estate planning. Your 50’s and early 60’s is the perfect time to review term life insurance policies and see if they can be converted into permanent life insurance.

Approaching retirement: when total or partial retirement is only just around the corner, many financial planning considerations need to be addressed. Ensuring the different sources of retirement income are going to meet your individual financial needs is crucial. Also, a care plan needs to be established, covering the details of who will provide elder care in your later years, and how you are going to fund it. A long-term care insurance policy could address these planning needs for your later years.

All significant life stages are points at which people should be reviewing their life insurance portfolio. At Life Guard Insurance we will gladly take you through a personal risk assesment process to determine your personal risk exposure, and make recommendations on the best way to patch any holes in your financial plans.

Please feel free to contact us at Life Guard Insurance for more information.

http://life-insurance-calgary.com

Have You Re-evaluated Your Life And Health Insurance During Major Life Changes? is a post from: Finance and Financial Services