Does insurance keep coming up in your hundreds of thoughts throughout the day but you’re not sure which direction to take or what your needs are so the thought stops there? This happens to a large majority of us. We think insurance is this complicated thing that we know somehow, we need, but we don’t know how to get it or what to get.
Car insurance, phone insurance and house insurance are all considerably easy to understand and are typically mandatory when purchasing one of those items. Life insurance? Disability insurance? Critical illness insurance? Not so much. However, these types of insurances are debatably much more important than the previous mentioned insurances but only a small percentage of us Canadians have them.
Assante has written a very thorough article called “A Lifetime of Financial Security and Peace of Mind” with everything you would need to know about the several different types of personal and disability insurances. This article would be a great starting point when those thoughts come to your head again, just find your insurance of interest and start reading from there. Next step? Schedule an appointment with your financial advisor to walk you through an insurance needs analysis for your own personal assessment. Happy Reading!