There are two types of mortgage insurance. Both may be added directly to your mortgage payments, but they serve two very different purposes and are calculated differently. You may have one or both, depending on your circumstances. Mortgage default insurance will be mandatory for you if you are applying for a mortgage and are making ... Read more| Shelter Bay Financial
Critical illness insurance covers you in case of a major health emergency, such as cancer, heart attack, or stroke. In Canada, many believe that they’re fully protected with healthcare and a regular health insurance plan, but there are many uncovered costs. Because critical illnesses generate much larger medical costs than regular insurance covers, critical illness ... Read more| Shelter Bay Financial
A lot of time and effort goes into building a successful business. If you’re a small business owner, protecting what you’ve built is important. You may also have one or two employees that are vital to your company’s profitability. These are those individuals that your business relies on from day-to-day. If they were to disappear, ... Read more| Shelter Bay Financial
Many people buy life insurance without knowing what to look for when purchasing. They know that they need a life insurance policy and will sign with any company with the most affordable life insurance costs. We will discuss why life insurance is essential, the various life insurance policies available, and what to consider when choosing ... Read more| Shelter Bay Financial
Self-employed Canadians represent 15 percent of the total workforce or 2.9 million individuals. Whether you run your own business, work as a freelancer or contractor, when you’re self-employed, each workday counts. If you fail to complete a project or have to delay an assignment, it will hurt your pocketbook. Moreover, if you were not able ... Read more| Shelter Bay Financial
Most businesses are built on the back of some key individuals. These could be company founders, your top sales employees, or even your IT wizard that keeps you connected. But what happens when one of these key persons should disappear? There is a way to protect your organization against the financial loss of a key ... Read more| Shelter Bay Financial
Buying life insurance is a big decision, and it’s the right thing to do if you’re looking to protect your family. While there are many different options available, whole life insurance offers additional benefits if you want to build up your assets. How does life insurance work in Canada? In Canada, anyone can buy life ... Read more| Shelter Bay Financial
Life can be unpredictable and it’s best to be prepared. That’s where life insurance policies come in. They offer you and your family a level of security in case you pass away or are too sick to work. While the life insurance cost is sometimes seen as another expense you have to pay each month, ... Read more| Shelter Bay Financial
There are many great life insurance policies available in Canada. Sometimes the choice can be overwhelming. You may be struggling to decide which is the best life insurance company that you want to buy coverage from. That’s why we’ve decided to look at the types of life insurance out there and what makes a good ... Read more| Shelter Bay Financial
We all love to have choices when it comes to making a purchase. And life insurance is no different. Luckily there are a variety of life insurance policies| Shelter Bay Financial
