“Canadians spending more out-of-pocket on health care”

CBC recently reported that Canadians are spending more out-of-pocket for health care including dental care and prescriptions. In many cases, Canadians have to spend additional on health care because they are not covered by insurance. Furthermore, the report found that low-income families are spending less than they should in instances, because they probably are choosing cheaper alternatives or forgoing treatment because of the cost.

In instances like this, it becomes pivotal to have dental and health insurance. You should never have to compromise your health and skimp on prescriptions because of a lack of money – and this is why having dental and health insurance helps, since insurance can cover these costs. You cannot always know when you will need dental and health services, however, you can always plan for the event of when you may.

Getting dental and health insurance to match your current health and needs is something we have helped many people with, and we are able to help find the best plan for your needs also. To speak with one of our insurance agents about insurance options for you, call us at (416) 909-0400.

Men: 3 Things to Do Before Saying “I Do”

“When you truly love someone, their happiness is more important than your own.” Men and women show love in different ways – men have a tendency to show their love by planning long-term for the future and making sure their wife is happy, not only for today, but 10, 20, 30 years down the road.  Men, before you say, “I do” to the women you love, show her your love by planning ahead. 

1. Get Life Insurance. It is probable your spouse will out live you, make sure she is protected. In Canada, women have a longer life expectancy than men. According to Statistics Canada (2009), the life expectancy in Canada for men is ~ 78 and is ~ 83 for women. Plus, when your young, your premiums are much lower than if you signed up for life insurance later in life.
2. Get an RRSP.  It is never too early to start planning for your future. You hear people say that they can’t wait to retire – planning for this early and working towards it as a couple will help ensure you retire comfortably.
3. Get Health Insurance. Did you know the biggest reason couples argue is because of money? Planning ahead and having insurance can help deal with unexpected expensive bills like dental treatment and critical illnesses. 

Topics of life insurance can be sensitive, because we never want to think of such a situation, but the reality is, it is always better to have that safety net in place – just in case. Marriage is big step in life. It takes a lot of love, communication, and hard work. To make a marriage work, there is no magic ingredient, but it is always important to care and protect one another at all times. To speak with one of our insurance agents about insurance options for you, call us at (416) 909-0400.

Seniors Reveal Their Deepest Financial Regrets

When you talk to seniors, you learn the most about life and how to live. They have seen it all, and they can offer the best advice on how to make your life better.

1) I should have saved for retirement earlier.  

 We can learn a lot from this. Retirement may seem like a long time away when your 30, but it slowly creeps up on you. Every year, you tell yourself I will start saving next year for retirement, but that next year never comes. They’re always other bills to pay that seem more imminent and important. However, it is important to make saving for retirement a priority and open up a RRSP and begin contributing. Besides, you’ll save a lot on taxes through your RRSP. We can help you figure how much you need to save up each month based on your financial goal of how much you want to have saved up when you retire.

2) I should have invested in my health care.

Health is wealth, and you don’t realize this until much later in life. Those with healthcare are much more inclined to get professional medical help when needed rather than putting it off. Having healthcare means you can take care of your body when it needs care always – not when your pocket lets you.

3) I should have spent money wisely. Take a look at your credit card bills and see where most of your money is going. Are you are spending on material items that won’t last in 5 years? If so, think about this way, you’re buying junk, and paying for it, and paying interest for it – with no return at all. What can you better spend that money on that will add value to your life in 5, 10, 20 years?

As they say, it’s never too late or too early to start making your life better. You can start now.

 

2 in 5 Canadians Will Develop Cancer

2 in 5 Canadians Will Develop Cancer

Did you know that about 2 in 5 Canadians will develop cancer in their lifetimes and 1 in 4 will die of the disease (Canadian Cancer Society, 2013)? That is a scary statistic. Prostate cancer is the most frequently diagnosed cancer for men in Ontario, and breast cancer is the most frequently diagnosed cancer for women in Ontario.  Lung cancer is the leading cause of cancer death for men and women in Ontario.

After a cancer diagnosis, 63% of Canadians will survive 5 years later. Many Canadians cope with extreme stress, both mental and financial after a cancer diagnosis. Financial protection is pivotal during this period to help you get better.

Cancer Guard Insurance can give you this financial protection – you can receive a lump-sum payment of up to $100,000 from the date of your cancer diagnosis. With enhanced protection, you can also get additional coverage for other critical illnesses including heart attack, stroke, coronary surgery, paralysis and coma. Furthermore, the allowance that will be paid will be tax-free, allowing you to focus on getting well without financial worries. 

Cancer Guard Insurance comes in three types of protection: a 10-year term protection (renewable until age 75), a 20-year term protection (renewable until age 75) or a level term protection to age 75.

For more information, contact us at (416) 909-0400. 

We’re Hiring!

Inforce Life Financial Services is expanding! We are now hiring dynamic individuals to join our stellar team. This Saturday, February 1^st we have an open house from 11am to 3pm. You are welcome to attend and get more information about our company and current opportunities.

If you are a new graduate or know a new graduate who is really looking for a career that provides growth, training, and the chance to create your own paycheck, then be sure to drop by to learn more. Inforce Life Financial Services provides training opportunities to our workers and we will have coaches on site during our Open House who can answer any questions you may have regarding a career as an Inforce Life Financial Advisor.  

For more information about our Open House, please contact us at (416) 909-0400. We’re located at 10 Milner Business Court, Suite 707. Hope to see you Saturday!

Job Search Tips for New Graduates

Fresh out of university and looking for your dream job? Finding a job you love can be tough in today's market. We at Inforce Life hire many graduates and thought we would give those applying to Inforce Life some tips!

1. Network. Networking is key to finding a job. When we look at prospective employees, we hire through traditional interviews and applications, but also through networks. It is important to meet different people and talk to them to see about job opportunities that are available.

2. Do you fit? When applying for a company, ask yourself, do you see yourself as a good fit? Can you imagine yourself working in the environment and doing the daily tasks? Do you share the same goals as the company and are you able to further them? Often times, young people apply for jobs they know are not a good fit for them - but we are often looking for candidates who can fit with our environment and work culture. Speak with professionals in the field so you get a better understanding of whether this job is right for you.

3. Show your passion. Your interviewer cannot know what you do not say. If there is something that was not covered in the interview, but may be useful for the interviewer to know, mention it to them. For instance, if you are attending a particular conference or training that is relevant to an insurance adviser, tell us during the interview!

4. Ask us about learning opportunities. We love to see individuals who are keen to learn and grow with us. We have lots of training to help ensure the success of our insurance advisers, ask us about these opportunities during the interview.

5. Do your homework. When you meet with us, we like to know that you know about us. Do some research about us before you come to the interview so that we know you’re serious and interested in a career with us. Find out what an insurance advisor does, and ask us any questions about the job.

To learn more about career opportunities with Inforcelife, check out our careers page: http://www.inforcelife.com/careers-page/

A Career Change

The New Year gives us a chance to reflect on our life and make changes for the better. One of the most common resolutions people make during the New Year is to find a better job – given that nearly 44% of North American workers are unsatisfied with their jobs (Rights Management Group, 2012) finding a job to love and succeed in is important.

When measuring job satisfaction, there are a few key things to look for: pay, hours of work, future prospects, job content and interpersonal relationships (Clark, 1998) For potential job seekers, it is most important to find a career that offers growth, continuous training and provides workers with a sense of independence while nurturing interpersonal relationships.  A career at Inforce Group of Companies provides all the above.

When working at Inforce Group of Companies, you will be responsible for meeting people, communicating different financial options available to them and setting up policies that can change people's lives. Being an adviser with us allows you to develop your interpersonal relationships, grants you the flexibility to manage your schedule, and the ability to create your own pay check based on how much effort you put in. Training and continuous guidance is provided.

A career with us would be a rewarding career. For more information on training and job opportunities, message us on our Facebook page to set up an appointment or click here.