More from Insurance
FaceOff: Conventional annuities versus GMWBs
Staff / March 01, 2010Conventional annuities versus GMWBs. Which are better? What's the good? What's the bad? Read our monthly FaceOff to find out.
Liquidating life insurance
Jamie Golombek / February 17, 2010Life insurance is often an important tool for funding a liquidity event, such as the death of a business owner, as the proceeds can be used to immediately pay off creditors and provide often much-needed cash flow in a time of business uncertainty.
Liquidating life insurance
Jamie Golombek / January 01, 2010Life insurance is often an important tool for funding a liquidity event, such as the death of a business owner, as the proceeds can be used to immediately pay off creditors and provide often much-needed cash flow in a time of business uncertainty.
Assessing the risk of cognitive disorders
Hélène Michaud, Joan Tolan / December 21, 2009Underwriters have a one time opportunity to assess an applicant and decide if he/she is a good candidate for Long Term Care insurance.
Helping clients understand annuity value
Scot Blythe / November 26, 2009What's theoretically rational for an investor may not be what most people actually do. This could be because of behavioural factors, or there could be deeper, and quite rational factors.
Claims Clinic: LTC tools, case studies
Hélène Michaud, Denise Liston / November 24, 2009After several years of sales, claims under LTC policies are beginning to materialize. The role of the claims adjudicator is to educate the claimant about the policy benefits, while paying special attention to what will be required to determine whether the claimant’s limitations and restrictions meet the definition of Activity of Daily Living (ADL) dependency.
Premium Advice – The Return of the Large Case
Chris Paterson / November 04, 2009At long last, it seems that clients are ready to make decisions again. The last 18 months have not been the first time in history that economic conditions have made clients nervous or apprehensive about making financial decisions.
Ensure clients are insured for life
Bruce Cumming / November 01, 2009During any discussion regarding life insurance, advisors should be seeking the answer to two key questions:
Providing for special needs beneficiaries
Akua Carmichael / November 01, 2009Special attention must be paid to planning for the needs of disabled beneficiaries, some of whom will be dependent on their parents for most, if not all, of their lifetimes. Issues concerning financial support, housing, healthcare, education, and employment of the disabled beneficiary must be addressed and a comprehensive plan put in place.
Permanent insurance creates flexibility
Kevin Wark / November 01, 2009For high-net worth clients and business owners, the decision to go with term insurance rather than permanent insurance isn’t always based on affordability. Instead, the client may decide not to proceed with permanent insurance because he or she believes the need for insurance is short-term.
