Why Insure
Yourself Most people are proud of driving a car with 5
star safety rating. People talk about airbags, crumple zones,
and crash protection. The average person is now spending over
$450 per month for their car.
People should feel proud about how they protect their families
too. Why not talk to your friends about Life Insurance, Critical
Illness coverage, or Disability coverage?
You can provide your family with cash
in case of death or disability for a fraction of what you spend
on your car. In most cases, less than what you spend on your car
insurance!
1. There is a 1 in 2 chance of a 35 year old male having a heart
attack before the age of 60. The chance of a woman having the
same problem is 1 in 3. If you are saving for retirement, you
may end up losing a year or more of RRSP contribution. You may
even need to dip into your RRSP account. What will that
cost your retirement?
You can prevent this from happening by buying Critical Illness
and / or Disability Insurance.
2. Term Life insurance has come down
in price by 60% in the past three years. You can get
new coverage, or replace your mortgage insurance with a guaranteed
product, that will pay the beneficiary of your choice, all with
price guarantees. Most people, simply by buying a new policy,
can save hundreds of dollars per year. |
