Ontario Teachers Pension Plan…(teachers need a Plan B)
- September 3, 2012
- Posted by: Brian Poncelet
- Category: Approved, Life Insurance, World News Insurance
No CommentsTeachers’ pension plan projects $9.6 billion funding shortfall (from OTPP website) April 3, 2012 – The Ontario Teachers’ Pension Plan is projecting a $9.6 billion funding shortfall. The shortfall exists despite an 11.2% return on investments in 2011 and plan changes that eliminated a shortfall reported last year. A shortfall occurs when plan liabilities (the
Question about life insurance get it now or wait?
- September 2, 2012
- Posted by: Brian Poncelet
- Category: Approved, Life Insurance, World News Insurance
Hear is a question I saw from a website. BOB I need some advice. I am 49 years old and have started a family I guess you can say late in life. I am married and have a 5 year old and a 6 month old. I want to get term life insurance but don’t
Is Ratesupermarket.ca using outdated financial tools? Or at least using a poor insurance quote system?
- May 3, 2012
- Posted by: Brian Poncelet
- Category: Approved, Life Insurance, World News Insurance
Do you ever read a ad which is out of date or worse seems to be written from years ago but is dated today? Rate supermarket.ca is one site that need to update their insurance quote system right away! Here is an example 28 year old male regular health class permanent coverage $700,000 $176.22 from
TD Insurance… very limited and expensive choices!
- February 26, 2012
- Posted by: Brian Poncelet
- Category: Approved, Life Insurance, World News Insurance
I always get e-mails from bank talking about insurance. Note CIBC does not offer any insurance. Here is the latest quote I ran off TD’s site. http://www.tdinsurance.com/products-services/life-insurance/term-life-insurance/term-quote.jsp?campaignid=DPROM1201LIFEGIB Male born Dec. 12th 1980 (31 years old non-smoker) choices they offered for $500,000 coverage Term 10 $31.07/month Term 20 $42.01/month Term 100 $220/.07 month (note no cash
Why Patricia Lovett-Reid does not talk about Financial Planning (software TD uses)
- December 26, 2011
- Posted by: Brian Poncelet
- Category: Approved
Have you ever watched BNN? If you do you may see a paid program with a talking Head called Patricia Lovett-Reid at the TD talking about Financial Planning. The funny thing you will never see what kind of software she uses. Why because (I think she or the TD has a limited use of one)
Tories unveil voluntary pension system Critics say PPRPs do little to help Canadians save for retirement
- November 17, 2011
- Posted by: Brian Poncelet
- Category: Approved, Federal Politics, Life Insurance, World News Insurance
Do you like paying taxes? Government rules? Uncertain returns? o you In a nutshell, the above idea is really a RRSP (you just deffer taxes in the future) Do you believe taxes will be lower in the future? Sorry, if you do your own taxes you know this is not the case unless your income
Common Misconceptions and Mistakes when buying term insurance Part I
- October 28, 2011
- Posted by: Brian Poncelet
- Category: Approved
MISTAKE: Failing to buy enough insurance while you are still healthy. Medical evidence is required when you buy life insurance. This evidence usually consists of a list of questions to elicit your medical history, a brief exam by a nurse, a blood and urine specimen and possibly a report from your doctor. If at a
CBC in Dential…mortgage insurance
- September 5, 2011
- Posted by: Brian Poncelet
- Category: Approved, Life Insurance, World News Insurance
The ShowMortgage insurance: Not always a sure thing If you have a mortgage on your home, chances are good you also have mortgage insurance. The idea is that if you should become seriously ill or die before paying off the mortgage, the coverage will kick in and pay it off for you. It’s meant to
Finding lost insurance policies…What everyone needs to do.
- August 9, 2011
- Posted by: Brian Poncelet
- Category: Approved, Life Insurance, World News Insurance
Over the years I have talked to people who thought they had a $500,000 insurance coverage only to find out…after me telling them to find their policy they only have $50,000!! Or how about a disability policy that was bought cheap which only covers injury? Or a term policy that lasped years ago? We have
Why RBC’s No Medical Insurance is so expensive
- July 30, 2011
- Posted by: Brian Poncelet
- Category: Approved, Life Insurance
Have you ever thought if no one asks any questions and offers a “great deal” it may not be such a a deal. Here is how many No Medical insurance programs works. Limited coverage…try to get $100,000 or $1,000,000 (no way!) It is expensive! It may not pay out in the first two years Their