Although kidnap insurance is not new, the risks associated with international business and personal travel have raised both awareness and the need for this little known or understood insurance product.
U.S.citizens continue to have obligations for U.S. tax purposes even though they may be a Canadian resident for many years.
A banker, broker and financial planner walk into a bar…
If you are fully disabled for the rest of your working life, the disability benefits within your group medical insurance can easily exceed $1 million over time.
In past blogs I have highlighted how to find an unclaimed bank balance and a missing life insurance policy. As it turns out, there are millions of matured Canada Savings Bonds (CSBs) that are sitting un-cashed somewhere.
This is often the response when I tell clients what it would cost to replace their company group health insurance if they become self-employed or find new employment with a company that does not offer as generous a group health insurance program.
Mortgages are more often sold than bought. Evidence of this truth is best illustrated by the number of Canadians choosing to buy into the TD Collateral Mortgage structure.
A few Money Insights readers that read the most recent blog regarding searching for unclaimed bank balances asked if there was a similar search service for missing life insurance policies.
At the end of 2009, there were over one million unclaimed bank account balances worth $395 million dollars in Canada.