moneyFYI

In Canada, the mortality experience is identical to that in every other country in the world. One death per lifetime. In other words, death is certain. A death benefit under a life insurance policy is then not probabilistic, it too is certain.

That clear, but obscured, fact can help you put life insurance in a somewhat different context. In exchange for a premium, you will be certain to get something back. If the amount you get back is worth more than you put in, then it is a good investment. Albeit not one you can use easily.

How can it be a good investment, the client cries? Insurance companies did not get big by being altruistic. If they make a lot of money then I must be the loser. There is no one else in the game. I lose what they win.

Partly true, but there are more than two…

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Having invested more than a decade of solid experience in the Real Estate Mortgage Industry (in Retail Banking, Retail Brokerage and Wholesale Banking Lending) along with countless years of cutting-edge, high-technology real estate computer system knowledge, I gratuitously provide my Valued Clients--both "Property Virgins" and Long-Term "Real Estate Gurus"--with informative, analytical, technological, resourceful and expert advice that help them make the best informed decisions for their own unique situations to reach their mortgage planning goals. Specialties:"I specialize in helping individuals like you and family like yours find, qualify for and own a home of their dream with little or no money down, even with less than perfect credit!"
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