Canadian Insurance Blog
My Business is Shut Down and Employees are Temporarily Laid Off. What Should I do about our Group Benefits Plan?
As a Canadian business owner during the COVID-19 pandemic you understand making tough decisions. However, your Group Benefits Broker is here to help. Before you make important decisions about your employee group benefits plan, contact your Group Benefits Broker to...
What are Canadian Insurance Companies Doing to Help us During COVID-19?
Whoa! What’s happening? I can’t keep up! There’s too much information to filter through. Nobody seems to be addressing MY question. Information has been coming at a fast pace regarding new policies and procedures and creative ways of conducting business during the...
Retiring Abroad: What You Need to Know
For many retiring Canadians, living outside of the country either full-time or part-time can be an attractive option. Whether choosing to winter in a warmer climate or altogether moving to a different country, you need to be aware of the financial issues surrounding...
Common Life Insurance Mistakes to Avoid
Shopping for a life insurance plan that fits your particular situation can be a daunting task. There are many companies that offer life insurance and each company has pros and cons. There are also different types of life plans with many different options. In addition,...
Teaching Children About Money & Spending Habits
While Canadian parents may be striving to achieve financial freedom as well as the "good things in life", we may be forgetting about what we are teaching our children. New studies are showing the correlation between a parents' attitude towards money and how this...
How Much Life Insurance is Enough?
A commonly asked question regarding life insurance is "how much life insurance is enough?" Simply put: the amount of coverage needed depends on the amount of debt and income loss the plan has to cover. This is determined by the total assets that can be allocated...
Cash Values & Life Insurance
In a world of way too much tax there still a tax strategy that Canadians should take advantage of. This strategy is to decrease your tax burden, and the tactic is purchasing a life insurance policy that allows for tax-deferred growth. The Concept Many insurance...
Health & Wellness Programs
The Importance of Health & Wellness Programs Life insurance is more than just a policy to cover you in times of death. Your insurance carrier wants you to be healthy, happy and productive. This is why most carriers are offering health and wellness programs, aimed...
How to Save on Life Insurance
The brokers here at Baker & Baker Benefits have been helping Canadians get life insurance for several years now, and we enjoy passing on our knowledge and experience to the Canadian public. In keeping with this spirit, here are some insightful tips on how to save...
Finance & Romance: Tips on Successfully Managing Both
While some people view Valentine's Day as a day that focuses on love and romance, others may view Valentine's as nothing more than a time to make money by companies trying to cash in on 'yet another holiday'. Regardless of what your personal views about Valentine's...
Becoming “Later In Life” Parents
Life Insurance Needs For Older Parents In the past 25 years, there has been a growing trend to postpone parenthood until later in life. Many Canadians are choosing to focus on career, financial security, and other pursuits, before starting to raise a family. For those...
Employee Benefit Trends for 2020
Diversity in the Workplace Today’s workplaces are more diverse than ever and this new workforce is shifting the thinking around traditional benefits packages. The biggest trend and focus of modern plans is toward a more complete and comprehensive “total workplace...
