Ensuring you have international travel insurance is extremely important. More and more people are travelling overseas and no one wants to be sick while they are away having the time of their life. Whether you are going away for business or pleasure, you should always have travel insurance to make sure you are covered in the event of an illness. Even if you are in top notch health, you never know what may happen. You could be walking the Great...more
Private placement life insurance (PPLI) typically requires a minimum premium commitment of $1 million or more. By pooling their available assets, two or more grantors of (i.e., contributors to) an irrevocable life insurance trust (ILIT) can reach the minimum premium commitment of a PPLI policy. The insured may be one of the grantors, but need not be.Through creative drafting of the trust document, an ILIT (also known as a...more
If you own a small or medium sized business in Alberta, the issue of offering group insurance via a group benefits plan has probably already come up. Either you have one in place now or you have considered offering benefits to your employees before. This is a major cost for your company, and can significantly increase total payroll costs. How do you make sure you are getting the best value for your money when shopping for Group Insurance?Get a quote from all the major playersThere are a number of major insurance companies you should be getting quotes from when shopping for a group benefits plan. Not all these companies offer every kind of insurance that you would need to build the entire Group Benefits Insurance Plan. Here are the following major components of a group insurance plan:1) Life insurance (on employee and possibly spouse and children)2) Accidental Death & Dismemberment coverage3) Prescription Drug Plan4) Extended Medical Services not covered by your provincial health care plan5) Dental Expense Plan6) Short Term Disability7) Long Term DisabilityWhen one specific insurance company ca not offer coverage on the entire plan, another company can step in to fill the gap. For...more
When buying life insurance, there are basically two types of insurance products, Term life insurance and Permanent life insurance. Term insurance offers temporary risk protection for a very affordable price, especially in the early years of the term. Permanent insurance offers lifetime coverage, usually for a fixed or declining cost. One of the...more
All we know that the prevention is much better than cure. Today in this fast moving world this is turned to be quite true. Today the most common used gadget is the mobile phone and that is the main reason of the losing of mobile phones and the getting damaged of it is very high. You will get huge benefits from these plans. The first...more
Gone are the days when you had to make a trip in to a travel agent to organize your travel insurance. The magic of the internet has produced a new and exciting way to organize and insure your life, your belongings, and your travel plans. Not only can you obtain quotes from as many online travel insurance companies as you like, but you can then purchase your travel insurance online. With many comprehensive websites available to peruse at your leisure from the comfort of your couch, there has never been an easier and hassle free way to purchase travel insurance Australia online. Travel insurance is a necessity when traveling anywhere in the world - whether it be domestically or internationally, on a once a year holiday, or jet setting around the world many times a year. The benefits of online travel insurance far outweigh the cost of purchasing the travel insurance on line. Peace of mind alone, when traveling, can only add to the pleasure of your traveling experience, knowing that if something were to go wrong that you would be able to re-coup some, if not all of the expenses that you may have faced. One of the many benefits of online travel insurance is that you can compare many...more
If you are thinking about buying life and/or health insurance OR you are justifying why you should not pay money for this type of insurance, then this is worth a read. Here, we will look at insurance like a gamble or a bet: there is a cost, and there...more
Owning and operating a business in New York can be difficult if you do not know the rules. Business insurance NY is one of the last things that people think of when creating their business plan. In fact, statistics show that 73% of individuals that...more
Car insurance New York, as in any other state, can be confusing. Trying to sort through all the legal talk you do not understand to make sure you are getting the right coverage at a fair price can be a troublesome process. Many of us turn to our...more
Shopping is the number one way to find cheap car insurance New York. Asking for discounts, driving in a safe manner and driving the right type of car all help in reducing insurance premiums. New York is a no-fault state and has stringent requirements...more
A necessary evil is how the majority of people feel about commercial insurance NY. The truth is this insurance protects people and companies and allows them to prosper by wrapping them and their business in a layer of steel. NY commercial insurance...more
It has been said that the average American will change jobs at least five times in their lifetime. There was a time when a person worked for one company for their entire lives and would only change jobs if they got fired or were recruited to another...more