Latinsky Financial Services

 The Canadian Breast Cancer Network  released a survey that “firmly places breast cancer as an economic as well as health issue.”

Not knowing where to turn, 44% of women said they used their savings to cover the cost of the fight and 27% went into debt as a result, while some went on disability or had to . . . → Read More: The Financial Burden of Cancer

  Is there a difference between Critical Illness (CI) and Long Term Disability Insurance?

 They each address entirely different needs and circumstances. It is prudent to avoid a costly mistake that may affect your family’s financial security.

 Long Term Disability Insurance  (LTD)

After a waiting period, depending on each policy, of often 90-120 days from the onset of the . . . → Read More: A mistake that may affect your family’s financial security

Watch CBC Marketplace – “In Denial” – This segment from CBC Marketplace on February 6, 2008 provides you with concise information about bank mortgage insurance and the reasons for consumers to purchase their insurance through a licensed broker.

http://www.youtube.com/watch?v=qe61HVGIwUo

Tweet . . . → Read More: Did you lie on your application?

Why is the death benefit on a life insurance policy is tax-free?

 Even Canada Revenue Agency realizes that with all the taxes we pay, it cannot directly tax you on the after-tax dollars you get as an income. Life insurance policy premiums are paid with AFTER tax dollars. The premiums paid can not be claimed as a deductible . . . → Read More: Tax –Free death benefits

Mortgage insurance from financial institutions, only offer one option and one price, but we all know that one size does not fit all.

Banks and other lenders will offer to arrange mortgage insurance for you. If the home owner dies, the mortgage insurance is paid to the lending institution and not the family.  Who do you want to protect, . . . → Read More: Who Does Your Insurance Protect?