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  You may know the basics about the RESP Kitchener (or Registered Education Savings Plan), but there are also advanced ways to get the most out of them that few parents know about. Families could miss out on as much as $4.6 billion in education grants in their children’s lifetime if current participation and contribution rates continue. B.C. families have the opportunity to access a total of $8,400 in RESP grants per child. Lower-income families can access more ($10,400 per child), including $3,200 that requires no contribution in order to claim it. Here are five expert tips to help maximize your RESP  Kitchener earnings: 1. Take advantage of the free money available While some grants require you to make contributions, you may be able to tap into up to $3,200 of free money through the Canada Learning Bond and British Columbia Training and Education Savings Grant, depending on your child’s age and your net family income. The only catch is that you must open an RESP. Get an ove...

Life  Insurance Waterloo Over the last few months, we have fielded several inquiries from clients asking if they are covered for COVID-19 related events. Although the level of infection in our region is relatively low, we’ve put together a quick summary to answer these questions. If any of the questions below are applicable to you, we recommend you talk to us. I have an existing life insurance policy, am I covered in the event of death? There are no general exclusions for COVID-19 in any of our individual life insurance policies. If you own a retail insurance policy, it is highly likely that you are fully covered for COVID-19 in line with your policy terms and conditions. I have an existing income protection policy, am I covered if I fall ill? Insurance plans Waterloo If you become unwell and are unable to work beyond the duration of your applicable waiting period, then subject to the terms and conditions of your specific policy, you may be able to claim an income protection benefi...

  Life insurance is a contract between a policyholder and an insurer, wherein the company pays the benefits after a set period or upon the demise of the individual in exchange for a premium. Opting for life insurance Kitchener can protect the policyholder's family from financial strain in case of an unfortunate event, like when the individual passes away. Life Insurance in Kitchener is a straightforward concept – you basically buy a policy that offers your beneficiary or beneficiary's compensation when you are no more. You need to have thorough knowledge about life insurance in Kitchener to be able to make a well-informed decision about the type of life insurance policy that will be best suited for your unique needs, the amount of death benefit that you should opt for, etc. Since human life is very precious, you get financially as well as emotionally disturbed when you lose a family member. In such challenging circumstances, life insurance policies offer much-needed financial ...

  Nearly two in five gen Z (38 per cent) and millennials (36 per cent) say they have suffered mental health declines since the pandemic began. The top reason cited by those who feel reluctant to admit or would not admit to struggling with a mental illness is privacy, followed by fear of being treated differently and stigma. However, seven in 10 believe that disclosing their mental health troubles would have a negative impact on their own personal wellbeing, while two-thirds feel there would be negative consequences for family and friend relationships. Close to seven in 10 also say that there would be a negative impact on work productivity (67 percent) and coworker relationships (65 percent). Nearly one in two (48 percent) Canadians are “very concerned” about their mental health as a result of the effects of the COVID-19 pandemic, according to a survey  One in five people in Canada has a mental health problem at some point in life, according to the Centre for Addiction and Ment...

  Mortgage Life Insurance Woodstock for Redemption Of Mortgage Purchasing a home is likely to be a top priority in the lives of most working individuals. While the best case scenario would allow you to purchase property utilizing only your own funds, this may not always be the case. Most people often end up having to solicit mortgage loans which allow them to borrow up to 80% of the amount required to purchase a property- with the property itself being used as collateral- and pay the sum back over a fixed period of time with interest. These types of loans are often only issued to those with a steady source of income and good prior credit history. Additionally, the regular payments made, referred to as the Equated Monthly Installments(EMI) should preferably not exceed 50% of the borrower’s income as this would greatly increase the risk on the lender’s part. When considering the fact that these loan amounts are often considerably larger than some other types of loans such as persona...

  Life is marked by many precious moments. Some that you plan for and some that are unexpected. Whatever the moment is though, you want to make sure you’re fully protected so you can always provide for yourself and your loved ones. Most people associate life insurance Waterloo as coverage for your friends and family in case there is a death. While this is a motivator, there are many more benefits to Insurance plans Waterloo. While it used to be the norm for most adults, especially parents, to have life insurance, a recent study shows that only 25% of millennial parents have this important policy. That statistic seems to contradict a population that is generally financially responsible, so we decided to talk to two millennials in the minority, who both have life insurance but don’t have children, to find out why they made this important decision of getting insurance plans Waterloo. One of them Explains , Why I Need Life Insurance, and You Might, Too: Family. While it may not look l...

For those parents or grandparents of permanent or Canadian citizens visiting Canada long-term (up to 2 years at a time), Super Visa is the way to go. But don’t forget you will need Super Visa insurance Kitchener to cover your stay in Canada! Here are answers to the most frequently asked questions about Super Visa insurance Kitchener : What is the minimum amount of coverage that I need to stay in Canada? You will need at least $100,000 of coverage – which all of our plans can provide. Is there an age limit for Super Visa insurance Kitchener ? While some of the insurance  plans have limits, we have plans available that can cover you at any age. How long does my coverage have to be? You must be covered for one year if you have got the 1 yr insurance policy. What if my visa is denied? You can get a full refund on your Super Visa insurance Kitchener with proof that your visa was denied. (If no proof of denial is given, you could be charged a fee of up to $250) What happens if my visa is...

  Life is marked by many precious moments. Some that you plan for and some that are unexpected. Whatever the moment is though, you want to make sure you’re fully protected so you can always provide for yourself and your loved ones. Most people associate life insurance Waterloo coverage for your friends and family in case there is a death. While this is a motivator, there are many more benefits to Insurance plans Waterloo. While it used to be the norm for most adults, especially parents, to have life insurance, a recent study shows that only 25% of millennial parents have this important policy. That statistic seems to contradict a population that is generally financially responsible, so we decided to talk to two millennials in the minority, who both have life insurance but don’t have children, to find out why they made this important decision of getting insurance plans Waterloo. One of them Explains , Why I Need Life Insurance, and You Might, Too: Family. While it may not look like...

  Everyone loves to travel and everyone wishes to have a safe journey. And for a safe journey we need to take a visitor insurance plan. We all know that life is very short and the world is wide so everyone should travel as much as they can. Every year there are millions of visitors to Canada. Some of them are new immigrants, visitors and students.  According to the survey worldwide medical services in Canada are expensive. In Canada you can’t take any single treatment without having a medical insurance plan. Even permanent residents of Canada can’t afford medical treatment without a medical plan. Medical Services In Canada You cannot predict that when you meet an accident but it is in your hands to take policy to insure that situation. Visitor insurance is the best way to get over your problem while travelling.  With the help of this super visa insurance Cambridge ,  you can handle your injuries because when you have this plan then you don’t need to pay bills on your...