Article Topic: Insurance

How we benefited from the Coronavirus stock market crash Part II – Whole Life Insurance and the Coronavirus Crisis

In Part I of Whole Life Insurance and the Coronavirus I illustrated how our insurance policies rescued us from a potentially financially devastating situation last March when the full impact of the Coronavirus hit Canada.   I encourage you to read Part I and how...

How our life insurance policies rescued us during the coronavirus crisis. Part I – Whole Life Insurance and the Coronavirus Crisis

Its true. I always explain to clients how important it is to have permanent cash value insurance as a key foundation in one’s wealth plan. Without insurance, you are completely exposed to financial hardships, which can be devastating, especially in retirement.  ...
Financial Priorities

Financial Priorities

As a wealth strategist, when I speak with most of my clients their financial focus is usually on paying down debt, investing in stock markets or real estate, and saving for retirement. They overlook one of the most important pillars of financial success … life...

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10 Strategic Uses for Cash Value Insurance

10 Strategic Uses for Cash Value Insurance

Paydown versus interest only - enhance lifestyle by spending more of your wealth Reduce pressure on capital – less capital is needed to produce the same retirement lifestyle Reduce pressure on withdrawal rates – less reliance on traditional retirement savings and less...

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Own, Don’t Rent Your Insurance

Own, Don’t Rent Your Insurance

If what you KNEW to be true about insurance was not true, when would you want to know? Most consumers are under the impression that term insurance, like Term 10 or Term 20, costs significantly less than permanent insurance. But that is like saying renting a house...

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This is not a safe bet

This is not a safe bet

In Las Vegas the house is designed to win. Imagine that you're in Vegas, and there is a roulette table, where all the slots but one are black.  The caveat is that you are only allowed to bet on red.   And the chances of it landing on red are less than 5%. This is not...

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You Don’t Know Jack

You Don’t Know Jack

Jack is 45 and he just purchased $1,000,000 of Term 20 insurance. He pays $1,930 to the insurance company every year. The plan is to drop the insurance after 20 years. His family won't need it. Mortgage will be paid off. Wealth will be amassed. Children are through...

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Don’t Wait

Don’t Wait

If you require permanent life insurance coverage for family, estate planning, business, or tax planning purposes or you just wish to accumulate money in your life insurance program it may be time to look at a permanent, level cost solution. Many of us purchase large...

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Put A Ring On It

Put A Ring On It

I was recently at a networking event when I was introduced to an established and experienced real estate agent. In conversation I learned that she had just recently closed a big sale and as a reward she gave herself a brand new diamond ring worth over 15K. Nervously...

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The Goose Or The Egg

The Goose Or The Egg

If you owned the goose that laid the golden egg … which would you insure first? As long as you have the goose you can always get more eggs.  So, if you’re smart you’d insured the goose before you insure the egg. Sadly, most of us insure the egg, and omit insuring the...

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905-425-5327 • vws@live.ca

Kathleen van den Berg, MBA, CFP

4 Branthaven Court
Brooklin, Ontario  L1M 0B2
Canada