CONSUMER ALERT!

 

THE DANGERS OF MORTGAGE LIFE INSURANCE!!!

 

Signing up for the Mortgage Insurance offered by your bank or mortgage broker may be the worst financial decision you ever make!



SAY NO TO YOUR BANKS MORTGAGE INSURANCE!.. Make sure you watch the disturbing investigation on CBC'S MARKETPLACE to find out why!

 

“Casey you are definitely the man!  You saved my wife and I over $120 dollars per month for the same exact coverage, just by getting us preferred insurance rates that our last advisor never even mentioned!  I guess it definitely was worth our time to have you review our existing policies!…thanks again for all of your help.”

 

Dave Degrassi & Jessica Robinson, Mississauga, Ontario


 

“We had Sunlife Insurance advisor that sold us some insurance and then we never heard from him ever again.  After speaking with Casey he clearly showed us why the type of insurance we had was not benefiting us at all, and had really only benefited the agent who sold it to us.  Thankfully we now have the proper type of insurance that will protect our family when we need it most, and we’re very grateful to have Casey as our financial advisor. It’s very clear that Casey’s always looking out for our best interests before his own, and we would highly recommend him to anyone looking for solid unbiased financial advice!”

 

Ben & Sheena Poitven, Oakville, Ontario


 

“Thankfully my wife and I were referred to Casey for a second opinion on our insurance policies.  Not only did he clearly explain all of our available options to us, but he was very patient and didn’t pressure us to buy anything in anyway.  After listening to his recommendations based on our specific situation, Casey was able to give us a much better insurance policy that was not only less expensive but was also for more insurance coverage!  Thanks to Casey’s advice we’re now saving money every month that we will definitely be investing with F1RST CHO1CE as well.  We would highly recommend Casey’s advice for any insurance or other financial planning needs.”

 

Mark & Magdelena Budisa, Streetsville, Ontario


 

“My wife and I have been clients for several years now, and in that time, we’ve conducted numerous transactions with both Casey and Wayne from mortgage refinancing to life insurance to managing our investments. These individuals have demonstrated that they have superior knowledge of their respective products and are able to deliver them with exceptional customer service. I have found that this combination is a rarity these days, and as such, I whole heartedly recommend their service to both friends and family with confidence.”

 

Clifton Sookdeo & Shelly Sharma, Caledon, Ontario


 

“Honesty, integrity, and professionalism are the three words that come to my mind when I hear Casey’s name. He has provided my clients over the years with the highest level of service and they always thank me for introducing them to him. Casey truly goes above and beyond.”

 

Deborah Robinson, Real Estate Agent – Royal Lepage


 

“We’re extremely thankful that we came in contact with Casey otherwise we would have the worst type of insurance coverage available! Our bank really pushed us to sign up for the mortgage insurance they were offering which we thought was a good thing.  If Casey hadn’t helped us to understanding the many disadvantages of the insurance offered through a bank, we still be overpaying for less beneficial coverage that may not have even paid out if we ever needed it!  Thanks again for your advice Casey, and going forward we will definitely be coming to you for our future mortgage, insurance, and other financial advice.”

 

Renato Silva & Jhenny Rodriguez, Mississauga, Ontario




CRITICAL ILLNESS:


How would a serious illness affect your family?

Critical Illness insurance is something that some know of, and some don’t. Much like Disability Insurance, this coverage is created to protect against a loss of income, but is also able to provide significant coverage for other financial needs that may arise in the time of a medical crisis. In its simplest terms, if one is diagnosed with any of a number of the covered illnesses, a lump sum, tax free benefit is paid to that individual. What this means to you is that you can choose not only what to do with your insurance benefit, but also how you will cope and deal with the specific illness for which you are experiencing.

Sadly, a Critical Illness can affect any one of us, no matter what age or gender. It usually strikes when we expect it the least, and it unfortunately does happen to many. Canadians are 3 times more likely to experience a Critical Illness than they are to die before the age of 65. Critical Illness insurance offers you choices, and allows you to recover on your own terms without having to search for additional finances to cover all of the expenses.  You will also receive all of  your premiums back if you don’t make a claim or if you die of another cause!

 

Shocking Statistics to Consider:

- 1 in 4 Canadians will develop heart disease during their lifetime
- 50% of heart attack victims are under the age of 65
- 75% of victims survive their first stroke
- 1 in 3 Canadians will develop some form of cancer during their lifetime
- 1 in 9 woman will develop breast cancer during her lifetime
- 1 in 8 men will develop prostate cancer during his lifetime
- 50,000 Canadians suffer from multiple sclerosis, one of the highest rates in the world
- Over 750,000 Canadians will suffer from Alzheimer’s disease between now and 2031
* Source Statistics: Canadian Cancer Society, Heart and Stroke Foundation of Canada, Multiple Sclerosis Society of Canada, Alzheimer Society of Canada

 

Leading Causes of Critical Illness Claims:

70% – Cancer
14% – Heart attack
5% – Stroke
5% – Other
4% – Coronary artery bypass surgery
2% – Multiple sclerosis


Covered Conditions in a Critical Illness Policy:

- Heart Attack
- Cancer
- Stroke
- Bypass Surgery
- Heart Valve Replacement
- Alzheimer’s Disease
- Parkinson’s Disease
- Multiple Sclerosis
- Kidney Failure
- Aortic Surgery
- Benign Brain Tumor
- Blindness
- Ductal Carcinoma in Situ of the Breast
- Deafness
- Loss of limbs
- Loss of speech
- Major Organ Transplant
- Major Organ Transplant Waiting List
- Motor Neuron Disease
- Occupational HIV injury
- Paralysis
- Severe burns
- Coronary Angioplasty
- Coma
- Early Stage Prostate Cancer

A Critical Illness is not something we’d like to face at any point in our lives. Because the risk of getting ill can never be eliminated completely, it’s important that we take precautions so that you’re able to make the financial choices required to make a difference when needed most. Securing the right insurance now while you’re healthy is one way to cover some of the unexpected expenses that could arise as a result of a critical illness.

 

 10 REASONS TO NEVER  BUY CRITICAL ILLNESS INSURANCE FROM YOUR BANK!

  At F1RST CHO1CE Insurance Solutions were passionate about sharing our knowledge, experience and unbiased opinions with families and individuals that are looking for a trusted advisor to help them with their Critical Illness Insurance options.

ANY QUESTIONS?…Contact a Licensed Insurance Advisor today!