What’s your insurance age?
With most insurers, your age increases six months (not 1 year) AFTER your last birthday. Although not widely known, there are still insurers who use your actual age in setting their rates. This can result in a 8% to 10% premium advantage. This cost saving could easily amount to thousands of dollars over the life of the policy.

Do you know the true cost of paying monthly premiums instead of annually?
If you answer around 8%, that’s what most consumers would say but that’s way off.

The effective interest rate for monthly financing is typically about 15%. Don’t believe it? Click on this link*: http://www.planner.ca/gen_calcs/modal_pre_cost_rate.htm

*Does NOT apply to most Universal Life policies.

If you’ve never been provided with this important financial information before from your current advisors or insurers, does it make you wonder what else you could be missing?

Want to know more? CLICK HERE