Are you a dentist, doctor, engineer, lawyer or other professional that has purchased disability insurance through an association plan? If so, it’s good to know you have disability insurance – along with life insurance, likely the most important coverage you should have. There are some short comings to many association plans that maybe of some interest.
The Office of Consumer Affairs, Industry Canada wrote a
lengthy report in 2009 titled “Creditor Insurance, Are Consumers Being Well
Served?” The report looks into a number
of types of creditor insurance from credit cards, personal loans, mortgages and
lines of credit among others as well as who offers this coverage including
banks, credit unions, retail organizations, automobile dealers, and the list
goes on. Our blog post won’t get into
the details of the benefits of personally held insurance offered by brokers
Why would I need life insurance? I am asked this question all the time. As a matter of fact, I think it is the most frequently asked question I’ve had in my entire insurance career. And many times, the question is followed by the statement “I just don’t like life insurance”.
Let’s face it; life insurance is not an easy subject to talk about. After all, you’re talking about people dying, which is never pleasant. The fact of the matter is, we’ll all leave this world, but what you leave behind is an important thing to consider.
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You may also want to visit: Leipsic Private Risk Management or Nunavut Insurance
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