What is a money-back insurance policy? A money-back insurance policy is a coverage that gives money back at regular intervals. It is a percentage of the sum assured that is paid during the tenure of the insurance plan. The pay-outs…
Life is uncertain. No matter how small or large your property is or how old or new your vehicle is, everyone needs to plan their estate. If you are under the notion that there’s time, and it takes too much…
What Is Disability Insurance? Disability insurance is a type of insurance coverage that provides income and financial stability in the event the policyholder cannot work due to a disability. Different Kinds of Disability Insurance Policies: If you become disabled, there…
Safeguard yourself and your loved ones with Critical Illness Insurance In recent times with the advancement of technology in medicine, we have seen survival rates significantly go up. But at the same time, these medical procedures can cost a fortune….
What Is Loan Protection Insurance? Loans are offered to people to help them pay for their child’s education or a medical emergency or if they are looking to build or purchase their dream home. There are various types of loans…
What is an RESP? A Registered Education Savings Plan (RESP)– is also known as a financial plan that helps you save for your child’s education right after high school. When your child enrols in college/University, they are entitled to take…
What is Permanent Life Insurance? A Permanent Life Policy is a contract between the owner of the policy and the insurer, where the insurer of the policy agrees to pay a lump sum amount of money at the time of…
What is Life Term Insurance? Whole Life Term Insurance is one of the most affordable types of life insurance that provides financial aid and security in case of the policyholder’s demise during the term of the policy. This insurance will…
If you ever wondered if you can plan for retirement, but not know where to start, take a look at RRSPs. What Is an RRSP? A RRSP, or Registered Retirement Savings Plan, was created in 1957, as part of the…
What is Critical Illness Insurance? Critical Illness Insurance is a particular type of insurance providing financial security if there is a serious medical issue, illness or emergency. It is uniquely arranged to help the policy holder and family, since everyone…
