Posts Tagged ‘money’

Insurance Companies Oppose International Financial Reporting Standards (IFRS)

Canadian life insurance companies are persuading the Canadian government and regulatory bodies to move the accounting principles and reporting requirements in their favour. In summary, the industry would like an amendment of International Financial Reporting Standards which Canadian government is prepared to put in use but plans to effect not before 2013. They argue that […]

The Essential Guide To Insurance

Insurance can at times be somewhat of a minefield for many people; with so many different products available, choosing the right one and making sure that we are properly covered can be a challenge. Although this may be the case, it is also an essential part of our everyday living. Buildings Insurance Your home is […]

Insurance is the Promise of Reimbursement

The word insurance, on a broader sense means \’Promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments in the form of premium to an insurance company\’. In principles, insurance dwells on assumptions such as1.The losses and consequences are uncertain2.Rates of losses are […]

Confusing Term Life Insurance Definitions, Made Simple

Buying term life insurance can be a daunting experience for some people. Just like in many industries, insurance policies use words that are defined differently than what the common definition is. As the insurance industry has a vocabulary of its own, the best thing to do would be to educate yourself on some of the […]

Debunking the Myths of Life Insurance

There are a lot of myths and misconceptions when it comes to life insurance. You need to know the truth when it comes to what you are purchasing, don\’t just assume based on rumors you\’ve heard. Mistakes made when buying life insurance have long-lasting consequences. If your family isn\’t provided for as they need to […]

Revealing The Myths About Life Insurance

Term life insurance has many advantages. But understanding term life insurance and its benefits means sifting through the myths surrounding it; and there are many myths about life insurance. These life insurance myths and misconceptions can result in too little coverage causing financial hardship for families suffering the loss of a loved one. To avoid […]