insuranceplanners

  So much has happened in the last few days and weeks that I feel like months have passed. Social distancing is now on everyone’s lips. And the goal is noble: flatten “the curve” and prevent more people from getting sick from the Coronavirus. The impact, though, is being felt in so many ways by so many people: Schools are closed and parents need to stay home to take care of their children and can’t work. Restaurants, bars and local retail shops are shuttered, and all the people who own those businesses or work there or supply them are in financial peril as well. Many, many people are not only worried about getting sick, but worried about whether they will have a job to return to and if they can pay their bills in the meantime. But I want to shine a light on a financial lifeline—a solution—you may have forgotten about. Permanent life insurance. Many people buy it for its lifetime protection. It’s often a “set it and forget it” solution. But the beauty of this financial tool is what ...

Many people wonder if single people need life insurance in Kitchener. It’s easy to say “no.” The life insurance policy provides cash to your family if you were to pass away. So it seems logical to think you don’t need life insurance Kitchener if a spouse or kids aren’t depending on your earnings. However, single people do need life insurance. Here are some of the most common reasons to consider life insurance for yourself 7 Reasons Why Single People Need Life Insurance Kitchener You have debt.  Single people need life insurance Kitchener to stay off the burden. You might have a cosigner on your loan or share a mortgage with a friend, relative or someone else. Private student loans can be especially burdensome to your cosigners. That’s because, unlike federal loans, they aren’t discharged when you die. Shared mortgages could also leave your fellow borrower in the same predicament.  An easy and affordable solution, if you have debt like this, is to get term life insurance. It w...