Whether you are already retired or planning to retire in the next 10 years, the Variable Retirement Income (VRI) can help quantify how comfortable you are with your retirement income strategy. Over the past decades, companies are shifting their pension plans away from defined benefit (DB) pension plans to defined contribution (DC). Why? Companies no […]
Good Risk Management Planning Articles Below is a collection of what I consider good educational articles about Risk Management Planning. Life insurance: Is “Term Life” always enough? Most families are better off buying cheap, straightforward term insurance, but there are situations where universal or whole life policies make sense..…read more Disability and Critical Illness Insurance: […]
Travel Insurance Rider for Hockey Players I know a lot of individuals who travel to the US for hockey tournaments or exhibition games. Travel insurance has changed in that this type of activity is now covered generally by a rider (an addon to a basic travel insurance policy). “Hockey, recreational or professional is covered with the […]
How Much Life Insurance Should You Buy If you are looking to purchase life insurance, how do you determine how much to buy? The first step is to determine what your needs are. Here is a very simple case study to demonstrate the process. In this case study, the client assets are $50,000 of group life insurance and a […]
Understand Your Life Insurance Options If you own life insurance and have held policy(ies) for several years, I wanted to demonstrate a few simple ways to reduce your life insurance premiums substantially compared to what you pay now. Below I explain how with a simple case study. Case Study A 40 year old, non-smoker, […]