Archive for the ‘Life Insurance’ Category

25 Days of Free Christmas Music

Saturday, December 19th, 2009

Every day through Christmas, Amazon.com is unveiling a new holiday song available to download free for a limited time.

If there’s a new MP3 player on your shopping list, here’s a way to add the gift of music with holiday favorites from an international lineup of recording artists, from Tori Amos to Lady Gaga.

Happy Holidays from our family to yours…from Efinancial!

Buyer Beware: Online Life Insurance Websites and Preferred Rates

Wednesday, December 16th, 2009

Numerous websites offer so-called preferred rates when quoting online life insurance rates. Many of these websites use preferred rates as their default premium in their instant quote calculators, even though less than 30% of all applicants qualify for these preferred rates.

Numerous variables can disqualify individuals from online carriers’ preferred rates
. These variables include:

1. Prior tobacco use

2. Height and weight

3. Cholesterol

4. Blood pressure

5. Driving record

6. Family history

7. Past substance abuse

8. Hazardous sports and occupations

9.

Read more…

Canada’s Best Universal Life Policies

Saturday, December 12th, 2009

“You wanted the best, you got the best” is not just a line that works for rock ‘n’ roll, but Universal Life insurance as well. The following is a list of Canada’s top Universal Life policies for a 40-year-old female, 40-year-old male non-smoker, and a 40-year-old female non-smoker at coverage amounts of $250,000.00, with a level cost of insurance option.

Universal life policies are available with either an increasing cost of insurance option, or a level cost option. The level cost option guarantees the cost of insurance will remained fixed for life.

Key advantages for each company:

Assumption Life
1.

Read more…

Whole Life Insurance Policies in Canada: A Comparative Analysis

Wednesday, December 9th, 2009

Whole Life insurance policies can be broken down into two types:

Non-participating Fully guaranteed contracts and the plans do not participate in the companies profits.

Participating Whole Life Policies Offer policy guarantees, but in addition, allow the applicant to participate in the profits of the insurance company.

Whole Life policies They’ve gained a resurgence in popularity in Canada over recent years, as consumers are becoming more concerned with market volatility.

Read more…