10 Reasons Why Group Life Insurance Won’t Adequately Protect Your Family

Ownership of individual life insurance at its lowest level in 30 years The Life Insurance and Market Research Association (LIMRA) 2013 study shines a light on a developing problem for Canadian households: Individual ownership of Life Insurance was at its lowest level in 30 years; 3 in 10 households did not have individual life insurance at all. larger dependence upon … Read More

Is it Time to Get Rid of Accidental Death and Dismemberment Insurance?

accidental death and dismemberment insurance

Most companies have Accidental Death and Dismemberment Insurance (AD&D) on their group benefit plans but should they? This type of insurance provides benefits for injury resulting in loss or permanent and total loss of use of body parts.  It also pays out a benefit in the event of death caused by an accident on or off the job.  It’s a … Read More