Life & Health

Lawyers Financial has launched a whole life insurance product specifically designed for the needs of the legal community, says Dawn Marchand, vice-president of marketing, product and direct distribution for the Ca

Spring time is the ideal opportunity to have a chat with your Lawyers Financial Advisor and do a little spring cleaning on your family finances.

Life insurance serves many purposes, but one of the top reasons people buy insurance is to replace the income that would normally provide for their family’s lifestyle and long-term security in the event of premature death.

Should you provide financial help to your adult children now or leave them an inheritance later? It’s up to you but giving away some of your wealth while you are still around to see the effects of your generosity can have significant advantages. 

It’s easy to imagine using an insurance policy for a water leak damaging office equipment or if you back your car into a post and crush your bumper, but a disability insurance claim is an unpleasant and abstract event.

A last-minute getaway after a long, cold winter may be in the plans for some, but don’t forget about travel insurance in your haste to escape, says Dawn Marchand, vice-president of marketing, product and direct distribution at Toronto-based Lawyers Financial.

When people hear the phrase “financial planning” they usually think of RRSPs, TFSAs, and other types of investments.

The Private Health Services Plan (PHSP) has so many advantages for lawyers that one might think it was designed exclusively for the legal profession. It wasn’t.

February is a month for showing people how much you care about them. So make February the month for a family chat about money and your estate plan. Talking about money is never easy but it does show how much you care about them.