insurance
Are your employee benefits in jeopardy?
Posted by admin on July 9, 2009 in insurance, Investment Information
Government deficits are sometimes called deferred taxation. At some point, you have to pay for them somehow usually though increased taxes. The question is not “if” but “when” the taxation will occur. It appears that the private company equivalent of deferred taxation occurs, in part, by simply underfunding pension plans and employee benefit obligations. For [...]
Why am I denied insurance coverage?
Posted by admin on May 13, 2009 in insurance
There has been a lot of focus lately about insurance. Particularly, there has been focus on post-claim underwriting (Ellen Roseman addresses the post-claims underwriting and the banks, Canadian Capitalist’s guest writer addressed post-claims underwriting in discussing mortgage vs. life insurance, and Four Pillars wrote an editorial about post-claims underwriting). This raises a much larger issue [...]
Credit Balance Insurance: Is it for you?
Posted by admin on February 23, 2009 in insurance
CBC recently ran a story on hidden charges on credit cards and highlighted a new insurance product on the market called credit balance insurance. As the story indicates, part of the issue with this insurance is the dubious sales techniques engaged by the credit card companies; specifically, credit card holders are being charged for this [...]
Insurance as a tax hedge
Posted by admin on November 11, 2008 in insurance
When we are younger, we worry whether we have enough life insurance coverage to provide for our dependants in the event of a premature death. As we get older that threat seems to subside somewhat as children cease to become minors, debt gets paid off and our net worth increases. But does that necessarily mean [...]
Who Really Needs Insurance?
Posted by admin on June 27, 2007 in insurance
(excuse the appearance, we are under construction) Last week, I received a notice from my potential disability insurance company that I had not completed all the pre-requisites for obtaining disability insurance and my pre-approval had expired. I would once again have to apply for insurance. What happened was that my doctor did not complete the [...]
