Some important aspects to consider when deciding about insurance purchases

After a generic intro, a few key factors of policy alternative evaluations will be scrutinized, using the example of a 25 year old healthy woman who is concerned about …

Ellen Roseman published good articles in the Toronto Star lately (here and here) about longevity risks, and how it can be addressed by annuities. Below is my email sent to her. I wrote the …

As you may already know, a Task Force on Financial Literacy is working on a report and recommendations for a national strategy to strengthen financial literacy in Canada. The report is for the Minister of Finance …

… look at the wealth creation and accumulation side of finance. Even within this realm though, some insurance products offer significant benefits over comparable bank or mutual fund products, especially for the elderly, the risk-averse, or the affluent.

‘There is more than one way to skin a cat’ can be true for some when planning how to pay for the things (and mainly the services) triggered by a potential long-term care situation. Underwriting difficulties are more frequent than …

Internal Rate of Return (IRR) calculator is the first piece of a planned series of useful free on-line tools to help investors with assessing the time factor when dealing with cash flows, even if with uneven amounts and irregular intervals. …

What is the smaller mistake? The ‘waste premium dollars’ vs. ‘going uninsured’ dilemma in a ‘historical asset/income effects’ context. There is always a risk at any age that we become unable to take care of ourselves; chances for that grow …

This post was intended as a comment on Marie Snyder’s blog post about the Munk Debate on climate change on Dec 1, between Elizabeth May and George Monbiot vs Nigel Lawson and Bjorn Lomborg. If you haven’t watched …

Invitation to a conference dealing with annuities and optimal allocation in retirement provides an opportunity to evaluate two special calculators, one (from a major Canadian insurer) kept for financial advisors and insurance agents/brokers, while the other freely available for anyone …

Summary:
A unique, high cash value providing, permanent life insurance policy will be withdrawn in a few weeks. For some people, especially financially stable young ones (provided it’s not an oxymoron in itself!), women, and business owners, it can be …