Posts

Showing posts from May, 2017

THE COST OF INSURANCE IS WORTH THE INVESTMENT !!

Image
Term life insurance is the best choice for most individuals because it is the least expensive type of insurance and leaves money free for other investments. Life is always filled with surprises, unexpected twists, and turns. Yet, this uncertainty is what keeps the life exciting. Living in Kitchener and worried about your child education cost? Go for RESP. Registered Education Savings Plan or RESP is a tax-sheltered plan that offers you to save for your children higher education. The cost of post-secondary education is too high and thus many parents and grandparents take this opportunity to save for giving their children or grandchildren the right education that they deserve. A registered education savings plan (RESP) is one of the most effective ways to save for your child’s post-secondary education. You can contribute a lifetime maximum of $50,000 per child, and the money grows tax-free for as long as it stays inside the plan. You also get the opportunity to help other st

Step-by-Step Guide to Choosing a Health Insurance Plan in Kitchener | Canada

Image
The health insurance landscape can be tricky to navigate. Here’s a start-to-finish guide to choosing the best plan for you and your family, whether it’s through the federal marketplace or an employer. Step 1: Find your marketplace Most people get health insurance through an employer. If you’re one of them, you won’t need to use the government insurance exchanges or marketplaces. Essentially, your work is your marketplace. If your employer offers health insurance and you still wish to search for an alternative plan in the exchanges, you can. But plans in the marketplace are likely to cost a lot more. Most employers that provide insurance pay a portion of workers’ premiums, so they’ll likely offer the least expensive option. Step 2: Compare types of health insurance plans While comparing plans , look for a summary of benefits. Online marketplaces usually provide a link to the summary and show the cost near the plan’s title. A provider directory, which lists the