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critical illness

What expenses do we expect when we are the caregivers?

on Fri, 10/23/2015 - 18:26

After I put up Other expenses health care givers encounter, there were questions on "what expenses do we expect when we become a caregiver in the family?"

We all know there are different reasons lead to immobility, getting older is only one of the cause. Depending on what the reason is, there is forst and foremost the medical expenses on that to start with... Here, I have included also some typical expenses which might arise (as much as I can find, for reference only)... No one wants to encounter into these but there is little we can control. 

Hospital upgrades 
- Standard ward room to

How to figure out what health coverage you need?

on Wed, 05/21/2014 - 10:25
I have been chatting with some prospects on their needs on health coverages lately and found that a lot of them actually have no clue what "health insurance" consist of.
In the insurance world, "health insurance" normally referred as "living benefits". That includes: health & dental coverage; critical illness coverage; long term care coverage & disability coverage.
Let's drill down what is what.
Health & dental coverage is what we usually need day in and day out: when we get sick, the doctor gives you a prescription, you go to the pharmacist, you have to pay for the medication;

Mortgage insurance or mortgage insurance??

on Tue, 09/06/2011 - 23:37


Is amazing how many people have no idea what "mortgage insurance" means...
I have met many people, think mortgage insurance is the same as mortgage loan insurance. 
Ok, let's make it clear: mortgage loan insurance is usually provided by CMHC and GE, mostly CMHC. From CMHC's web site, it defines mortgage loan insurance as follows: Mortgage loan insurance is typically required by lenders when homebuyers make a down payment of less than 20% of the purchase price.